https://www.taxtmi.com/caselaws?id=330700 The appeal challenged the Customs, Excise and Service Tax Appellate Tribunal's order confirming duty demand and penalty imposition. The appellant argued against the penalty under section 11AC of the Central Excise Act, 1944, citing lack of mens rea in omitting capital goods from duty payment. Despite compliance, audit objections led to penalty imposition upheld by the Tribunal, which found deliberate omission by the appellant to evade duty. The judgment emphasized intentional acts warranting penalties, distinguishing them from bona fide errors. Precedents supported penalty imposition for deliberate acts, leading to the dismissal of the appeal and affirmation of the Tribunal's decision. en-us Mon, 06 Jun 2016 00:00:00 +0530 Sat, 12 Nov 2016 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330700 The appeal challenged the Customs, Excise and Service Tax Appellate Tribunal's order confirming duty demand and penalty imposition. The appellant argued against the penalty under section 11AC of the Central Excise Act, 1944, citing lack of mens rea in omitting capital goods from duty payment. Despite compliance, audit objections led to penalty imposition upheld by the Tribunal, which found deliberate omission by the appellant to evade duty. The judgment emphasized intentional acts warranting penalties, distinguishing them from bona fide errors. Precedents supported penalty imposition for deliberate acts, leading to the dismissal of the appeal and affirmation of the Tribunal's decision. Case-Laws Customs Mon, 06 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330700