https://www.taxtmi.com/caselaws?id=190426 The CESTAT's decision to set aside the penalty under Section 11AC of the Central Excise Act was overturned by the Apex Court, clarifying that the penalty is mandatory regardless of when the duty was paid. The case was remanded for fresh consideration in light of this interpretation. The judgment did not extensively address the interest levied under Section 11AB, indicating it was not the primary focus of the case. en-us Wed, 03 Oct 2012 00:00:00 +0530 Wed, 15 Feb 2017 10:44:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190426 The CESTAT's decision to set aside the penalty under Section 11AC of the Central Excise Act was overturned by the Apex Court, clarifying that the penalty is mandatory regardless of when the duty was paid. The case was remanded for fresh consideration in light of this interpretation. The judgment did not extensively address the interest levied under Section 11AB, indicating it was not the primary focus of the case. Case-Laws Central Excise Wed, 03 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190426