https://www.taxtmi.com/caselaws?id=344435 The Tribunal allowed the appeal, setting aside the penalties imposed on the appellant for the loss of raw material in a fire accident. The imposition of an equal penalty amount was deemed unjustified. The interest liability would be determined based on verification of credit utilization for duty discharge, with the jurisdictional officer tasked to ascertain any interest liability. en-us Mon, 22 May 2017 00:00:00 +0530 Sat, 17 Jun 2017 11:06:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344435 The Tribunal allowed the appeal, setting aside the penalties imposed on the appellant for the loss of raw material in a fire accident. The imposition of an equal penalty amount was deemed unjustified. The interest liability would be determined based on verification of credit utilization for duty discharge, with the jurisdictional officer tasked to ascertain any interest liability. Case-Laws Central Excise Mon, 22 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344435