https://www.taxtmi.com/caselaws?id=340948 The appeal was successful as the Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act, 1944 on the appellants. The Tribunal found that the duty short payment was due to a genuine mistake and not intentional, as the appellants rectified the error by paying the entire duty and interest promptly upon notification. Since there was no intention to suppress facts or mislead, the penalty was deemed unwarranted, leading to the appeal being allowed in favor of the appellants. en-us Wed, 01 Feb 2017 00:00:00 +0530 Thu, 30 Mar 2017 06:59:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340948 The appeal was successful as the Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act, 1944 on the appellants. The Tribunal found that the duty short payment was due to a genuine mistake and not intentional, as the appellants rectified the error by paying the entire duty and interest promptly upon notification. Since there was no intention to suppress facts or mislead, the penalty was deemed unwarranted, leading to the appeal being allowed in favor of the appellants. Case-Laws Central Excise Wed, 01 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340948