https://www.taxtmi.com/caselaws?id=188045 The Appellate Tribunal found that the imposition of an equal penalty under Section 11AC of the Central Excise Act, 1944 on the appellant was unjustified. The Tribunal noted that the proceedings were initiated after the disputed amount had been fully paid under protest, and there were no allegations of suppression or fraud. As the appellant had not disputed the issue on merits and the availed credit was reflected in statutory records, the Tribunal held that there was no basis for the penalty. The appeal was allowed, and the penalty imposition was deemed unsustainable. en-us Thu, 31 Dec 2015 00:00:00 +0530 Wed, 16 Nov 2016 11:36:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188045 The Appellate Tribunal found that the imposition of an equal penalty under Section 11AC of the Central Excise Act, 1944 on the appellant was unjustified. The Tribunal noted that the proceedings were initiated after the disputed amount had been fully paid under protest, and there were no allegations of suppression or fraud. As the appellant had not disputed the issue on merits and the availed credit was reflected in statutory records, the Tribunal held that there was no basis for the penalty. The appeal was allowed, and the penalty imposition was deemed unsustainable. Case-Laws Central Excise Thu, 31 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188045