Penalty u/s 11AC Not Applicable Due to Manufacturer's Delay in Material Cost Disclosure; No Malafide Intent Found.

Penalty u/s 11AC Not Applicable Due to Manufacturer's Delay in Material Cost Disclosure; No Malafide Intent Found. https://www.taxtmi.com/highlights?id=33683 Valuation - Job work - cost construction method - The short payment of duty is not due to the malafide intention of the respondent but for the reason the principal manufacturer has not provided the correct cost of material timely to the respondent - penalty u/s 11AC is not imposable. - AT en-us Fri, 10 Mar 2017 06:22:06 +0530 Fri, 10 Mar 2017 06:22:06 +0530 TaxTMI RSS Generator Penalty u/s 11AC Not Applicable Due to Manufacturer's Delay in Material Cost Disclosure; No Malafide Intent Found. https://www.taxtmi.com/highlights?id=33683 Valuation - Job work - cost construction method - The short payment of duty is not due to the malafide intention of the respondent but for the reason the principal manufacturer has not provided the correct cost of material timely to the respondent - penalty u/s 11AC is not imposable. - AT Highlights Central Excise Fri, 10 Mar 2017 06:22:06 +0530 https://www.taxtmi.com/highlights?id=33683