https://www.taxtmi.com/caselaws?id=343881 The Tribunal allowed the appeal, setting aside the penalty imposed on the appellant under Section 11AC of the Central Excise Act. The Tribunal held that Section 11AC was not applicable as the case involved the reversal of an excess amount claimed under Rule 6(3)(b) of the Cenvat Credit Rules, not evasion of duty. The appellant's argument that the payment was made promptly upon the department's notification of the mistake was considered, and the Tribunal relied on precedents to support its decision, including cases such as CCE Ludhiana Vs Sangrur Agro Ltd and Eastern Medikit Ltd vs CCE Gurgaon. en-us Mon, 03 Apr 2017 00:00:00 +0530 Sat, 03 Jun 2017 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343881 The Tribunal allowed the appeal, setting aside the penalty imposed on the appellant under Section 11AC of the Central Excise Act. The Tribunal held that Section 11AC was not applicable as the case involved the reversal of an excess amount claimed under Rule 6(3)(b) of the Cenvat Credit Rules, not evasion of duty. The appellant's argument that the payment was made promptly upon the department's notification of the mistake was considered, and the Tribunal relied on precedents to support its decision, including cases such as CCE Ludhiana Vs Sangrur Agro Ltd and Eastern Medikit Ltd vs CCE Gurgaon. Case-Laws Central Excise Mon, 03 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343881