Penalty u/s 11AC Overturned Due to Lack of Malafide Intent in Central Excise Classification Dispute.

Penalty u/s 11AC Overturned Due to Lack of Malafide Intent in Central Excise Classification Dispute. https://www.taxtmi.com/highlights?id=30490 Levy of penalty u/s 11AC - malafide intention or not - dispute were related to Classification - Appellant on their own has filed the declaration and had communications with the department - the question of suppression of facts coupled with intention to evade payment of duty does not arise - No penalty - AT en-us Tue, 26 Jul 2016 12:18:26 +0530 Tue, 26 Jul 2016 12:18:26 +0530 TaxTMI RSS Generator Penalty u/s 11AC Overturned Due to Lack of Malafide Intent in Central Excise Classification Dispute. https://www.taxtmi.com/highlights?id=30490 Levy of penalty u/s 11AC - malafide intention or not - dispute were related to Classification - Appellant on their own has filed the declaration and had communications with the department - the question of suppression of facts coupled with intention to evade payment of duty does not arise - No penalty - AT Highlights Central Excise Tue, 26 Jul 2016 12:18:26 +0530 https://www.taxtmi.com/highlights?id=30490