https://www.taxtmi.com/caselaws?id=340855 The High Court upheld the Tribunal's decision on the classification of goods but remanded the matter back to the Tribunal to consider the imposition of an equivalent penalty on High Speed Diesel (HSD) used by Domestic Tariff Area (DTA) procured for Export Oriented Unit (EOU). The Tribunal's initial decision that no penalty arises due to duty liability payment before notice was disagreed with by the High Court, emphasizing the need to assess the factual matrix. The Tribunal affirmed the duty liability with interest and imposed an equivalent penalty for the removal of duty-free diesel from EOU to DTA, supported by Section 11AC penalty and Section 11AB interest. en-us Tue, 28 Feb 2017 00:00:00 +0530 Mon, 13 Nov 2017 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340855 The High Court upheld the Tribunal's decision on the classification of goods but remanded the matter back to the Tribunal to consider the imposition of an equivalent penalty on High Speed Diesel (HSD) used by Domestic Tariff Area (DTA) procured for Export Oriented Unit (EOU). The Tribunal's initial decision that no penalty arises due to duty liability payment before notice was disagreed with by the High Court, emphasizing the need to assess the factual matrix. The Tribunal affirmed the duty liability with interest and imposed an equivalent penalty for the removal of duty-free diesel from EOU to DTA, supported by Section 11AC penalty and Section 11AB interest. Case-Laws Central Excise Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340855