https://www.taxtmi.com/caselaws?id=341585 The Tribunal upheld the duty demand but set aside penalties imposed under Section 11AC and on the Excise Manager. It emphasized the lack of malafide intent and suppression of facts, ruling in favor of the appellant due to the awareness of the department regarding exemption claims. The judgment underscores the need for accurate classification of goods, establishing malafide intent for penalty imposition, and filing precise declarations to support exemption claims under relevant notifications. en-us Wed, 15 Mar 2017 00:00:00 +0530 Sat, 23 Sep 2017 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341585 The Tribunal upheld the duty demand but set aside penalties imposed under Section 11AC and on the Excise Manager. It emphasized the lack of malafide intent and suppression of facts, ruling in favor of the appellant due to the awareness of the department regarding exemption claims. The judgment underscores the need for accurate classification of goods, establishing malafide intent for penalty imposition, and filing precise declarations to support exemption claims under relevant notifications. Case-Laws Central Excise Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341585