https://www.taxtmi.com/caselaws?id=361748 The Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act, 1944, in an appeal involving the evasion of Central Excise duty by transferring goods between registered units without payment. The Tribunal found the situation to be revenue neutral, as the duty paid by one unit was available as credit to the other, resulting in no financial gain or loss. Relying on precedent and considering the circumstances, the Tribunal allowed the appeal with consequential relief, if applicable. en-us Thu, 19 Apr 2018 00:00:00 +0530 Thu, 14 Jun 2018 06:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361748 The Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act, 1944, in an appeal involving the evasion of Central Excise duty by transferring goods between registered units without payment. The Tribunal found the situation to be revenue neutral, as the duty paid by one unit was available as credit to the other, resulting in no financial gain or loss. Relying on precedent and considering the circumstances, the Tribunal allowed the appeal with consequential relief, if applicable. Case-Laws Central Excise Thu, 19 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361748