https://www.taxtmi.com/caselaws?id=339470 The Tribunal set aside the penalty of Rs. 1,00,000 imposed on the appellant under Rule 15 of CCR 2004, as there was no suppression or misstatement found. The penalty was deemed unjustified as the amount had already been paid and not disputed. The Tribunal concluded that since no specific sub-rule under Rule 15 was cited for confirming the penalty, it could not be sustained. Therefore, the penalty was overturned, and the appeal was disposed of in favor of the appellant. en-us Tue, 21 Feb 2017 00:00:00 +0530 Tue, 28 Feb 2017 11:42:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339470 The Tribunal set aside the penalty of Rs. 1,00,000 imposed on the appellant under Rule 15 of CCR 2004, as there was no suppression or misstatement found. The penalty was deemed unjustified as the amount had already been paid and not disputed. The Tribunal concluded that since no specific sub-rule under Rule 15 was cited for confirming the penalty, it could not be sustained. Therefore, the penalty was overturned, and the appeal was disposed of in favor of the appellant. Case-Laws Central Excise Tue, 21 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339470