https://www.taxtmi.com/caselaws?id=343208 The Tribunal set aside the penalty imposed under Section 11AC for clearance of goods without permission, ruling that there was no intention to evade duty as the goods were cleared with the department's permission for storage. The appellant disclosed the facts to the department, and the subsequent permission included the accessories, indicating inadvertence in the initial application. As the demand fell within the normal one-year period and there was no suppression of facts, the penalty was deemed unwarranted. The judgment emphasizes the importance of timely disclosure of all relevant facts to avoid allegations of suppression and the need for judicious imposition of penalties. en-us Wed, 26 Apr 2017 00:00:00 +0530 Wed, 24 May 2017 18:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343208 The Tribunal set aside the penalty imposed under Section 11AC for clearance of goods without permission, ruling that there was no intention to evade duty as the goods were cleared with the department's permission for storage. The appellant disclosed the facts to the department, and the subsequent permission included the accessories, indicating inadvertence in the initial application. As the demand fell within the normal one-year period and there was no suppression of facts, the penalty was deemed unwarranted. The judgment emphasizes the importance of timely disclosure of all relevant facts to avoid allegations of suppression and the need for judicious imposition of penalties. Case-Laws Central Excise Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343208