https://www.taxtmi.com/caselaws?id=335443 The Tribunal upheld the demand for unpaid duty amounting to &8377; 18,88,152 against the appellants, small scale units, for incorrectly availing outdated exemptions despite changes in duty rates. The claim of bonafide mistake was rejected, penalties under Section 11AC were set aside, and the penalty under Rule 25 was reduced to &8377; 1,00,000. The judgment emphasizes the importance of compliance with duty exemptions, rectifying mistaken claims, and the correct application of penalties in excise duty cases. en-us Thu, 17 Nov 2016 00:00:00 +0530 Wed, 14 Dec 2016 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335443 The Tribunal upheld the demand for unpaid duty amounting to &8377; 18,88,152 against the appellants, small scale units, for incorrectly availing outdated exemptions despite changes in duty rates. The claim of bonafide mistake was rejected, penalties under Section 11AC were set aside, and the penalty under Rule 25 was reduced to &8377; 1,00,000. The judgment emphasizes the importance of compliance with duty exemptions, rectifying mistaken claims, and the correct application of penalties in excise duty cases. Case-Laws Central Excise Thu, 17 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335443