https://www.taxtmi.com/caselaws?id=355206 The Tribunal upheld the dismissal of the appeal, ruling that the penalty levy was rightly cancelled as there was no mala fide intention on the part of the assessee. The duty payment with interest before the show cause notice was issued justified the cancellation of the penalty. The Tribunal found the demand not time-barred and emphasized that misinterpreting the law or wordings did not entitle the appellant to any benefit. Consequently, the appeal was dismissed, affirming the decision made in the open court. en-us Mon, 11 Dec 2017 00:00:00 +0530 Mon, 12 Feb 2018 07:17:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355206 The Tribunal upheld the dismissal of the appeal, ruling that the penalty levy was rightly cancelled as there was no mala fide intention on the part of the assessee. The duty payment with interest before the show cause notice was issued justified the cancellation of the penalty. The Tribunal found the demand not time-barred and emphasized that misinterpreting the law or wordings did not entitle the appellant to any benefit. Consequently, the appeal was dismissed, affirming the decision made in the open court. Case-Laws Central Excise Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355206