https://www.taxtmi.com/caselaws?id=3727 The High Court dismissed the appeal as it found no legal basis to support the imposition of a penalty under Section 11AC of the Central Excise Act, 1944, when the disputed duty amount had been deposited before the issuance of a show cause notice. The Court highlighted the lack of intention to evade duty and upheld the Tribunal's decision to set aside the penalty on the manufacturer and the Director of the Company. en-us Mon, 12 Mar 2007 00:00:00 +0530 Fri, 25 Apr 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3727 The High Court dismissed the appeal as it found no legal basis to support the imposition of a penalty under Section 11AC of the Central Excise Act, 1944, when the disputed duty amount had been deposited before the issuance of a show cause notice. The Court highlighted the lack of intention to evade duty and upheld the Tribunal's decision to set aside the penalty on the manufacturer and the Director of the Company. Case-Laws Central Excise Mon, 12 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3727