https://www.taxtmi.com/caselaws?id=342591 The tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 11AC for delayed payment of duty. It was determined that as the duty was paid voluntarily by the appellant without the duty being determined under sub-section (2) of Section 11A, the conditions for imposing the penalty were not met. The tribunal emphasized that the penalty under Section 11AC applies when duty has not been levied or paid due to specific reasons, which was not the case here. Consequently, the appeal was allowed, and the penalty decision was overturned. en-us Wed, 26 Apr 2017 00:00:00 +0530 Wed, 24 May 2017 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342591 The tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 11AC for delayed payment of duty. It was determined that as the duty was paid voluntarily by the appellant without the duty being determined under sub-section (2) of Section 11A, the conditions for imposing the penalty were not met. The tribunal emphasized that the penalty under Section 11AC applies when duty has not been levied or paid due to specific reasons, which was not the case here. Consequently, the appeal was allowed, and the penalty decision was overturned. Case-Laws Central Excise Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342591