https://www.taxtmi.com/caselaws?id=348718 The Tribunal overturned the penalty imposed under Section 11AC of the Central Excise Act, 1944, as there was no deliberate suppression of facts regarding captive consumption of Motor Spirit. The appellant had paid duty and interest before the notice, leading to the imposition of a general penalty of Rs. 10,000 for the contravention. The decision highlighted the importance of intentional evasion versus inadvertent omission in tax compliance matters. en-us Mon, 06 Mar 2017 00:00:00 +0530 Thu, 28 Sep 2017 07:07:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348718 The Tribunal overturned the penalty imposed under Section 11AC of the Central Excise Act, 1944, as there was no deliberate suppression of facts regarding captive consumption of Motor Spirit. The appellant had paid duty and interest before the notice, leading to the imposition of a general penalty of Rs. 10,000 for the contravention. The decision highlighted the importance of intentional evasion versus inadvertent omission in tax compliance matters. Case-Laws Central Excise Mon, 06 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348718