https://www.taxtmi.com/caselaws?id=338555 The Tribunal, consisting of Shri Ramesh Nair and Shri Raju, granted relief to the appellants by waiving penalties under Section 11AC. The dispute centered on the valuation of physician samples, with the appellants having paid duty and interest but contesting the penalties. The Tribunal found no intent to evade payment, noting the lack of clarity in valuation laws and citing relevant precedents. As the duty and interest were paid transparently, without suppression of facts, the Tribunal concluded that penalties were unwarranted, allowing the appeals and confirming the duty demand. en-us Mon, 30 Jan 2017 00:00:00 +0530 Fri, 03 Mar 2017 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338555 The Tribunal, consisting of Shri Ramesh Nair and Shri Raju, granted relief to the appellants by waiving penalties under Section 11AC. The dispute centered on the valuation of physician samples, with the appellants having paid duty and interest but contesting the penalties. The Tribunal found no intent to evade payment, noting the lack of clarity in valuation laws and citing relevant precedents. As the duty and interest were paid transparently, without suppression of facts, the Tribunal concluded that penalties were unwarranted, allowing the appeals and confirming the duty demand. Case-Laws Central Excise Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338555