https://www.taxtmi.com/caselaws?id=328650 The Court set aside the imposed penalty of Rs. 30,000 by the Settlement Commission on the Petitioner for a dispute over the classification of their activity. The Court found the penalty unjustified due to the Petitioner's genuine compliance efforts and lack of intent to evade taxes. The penalty was ordered to be refunded within one month, emphasizing the absence of fraudulent intent in the Petitioner's tax dealings. en-us Tue, 10 May 2016 00:00:00 +0530 Fri, 18 Nov 2016 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328650 The Court set aside the imposed penalty of Rs. 30,000 by the Settlement Commission on the Petitioner for a dispute over the classification of their activity. The Court found the penalty unjustified due to the Petitioner's genuine compliance efforts and lack of intent to evade taxes. The penalty was ordered to be refunded within one month, emphasizing the absence of fraudulent intent in the Petitioner's tax dealings. Case-Laws Central Excise Tue, 10 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328650