https://www.taxtmi.com/caselaws?id=192058 Penalty under Section 11AC and interest under Section 11AB of the Central Excise Act were not sustained where duty had been deposited before issuance of the show cause notice and the case fell within the Explanation to Section 11A(2B). The Court followed its earlier decisions in similar matters, which had already resolved the controversy in favour of the assessee, and therefore found no merit in the revenue's challenge. The question was answered against the revenue and in favour of the assessee, with penalty and interest not upheld. en-us Fri, 07 Sep 2007 00:00:00 +0530 Thu, 11 May 2017 10:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192058 Penalty under Section 11AC and interest under Section 11AB of the Central Excise Act were not sustained where duty had been deposited before issuance of the show cause notice and the case fell within the Explanation to Section 11A(2B). The Court followed its earlier decisions in similar matters, which had already resolved the controversy in favour of the assessee, and therefore found no merit in the revenue's challenge. The question was answered against the revenue and in favour of the assessee, with penalty and interest not upheld. Case-Laws Central Excise Fri, 07 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192058