https://www.taxtmi.com/caselaws?id=331867 Penalty under Rule 25 of the Central Excise Rules, 2001 could not be sustained where the record showed no intention to evade duty and no mala fide conduct. The relevant penal provisions operate only when the ingredients of Section 11AC of the Central Excise Act, 1944 are present, including fraud, collusion, wilful misstatement, suppression of facts, or contravention with intent to evade duty. As those statutory preconditions were absent on the findings recorded below, penalty was not invokable and no penalty could be imposed. en-us Thu, 19 May 2016 00:00:00 +0530 Sat, 03 Sep 2016 17:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331867 Penalty under Rule 25 of the Central Excise Rules, 2001 could not be sustained where the record showed no intention to evade duty and no mala fide conduct. The relevant penal provisions operate only when the ingredients of Section 11AC of the Central Excise Act, 1944 are present, including fraud, collusion, wilful misstatement, suppression of facts, or contravention with intent to evade duty. As those statutory preconditions were absent on the findings recorded below, penalty was not invokable and no penalty could be imposed. Case-Laws Central Excise Thu, 19 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331867