https://www.taxtmi.com/caselaws?id=362152 The tribunal set aside the penalty under Section 11AC for a manufacturing company that mistakenly availed CENVAT credit and paid duty under the wrong notification. The tribunal emphasized the absence of suppression of facts by the appellant, distinguishing the case from precedent. While confirming duty and interest, the tribunal clarified that penalties under Section 11AC require factual suppression, providing guidance on penalty imposition for compliance errors in excise duty cases. en-us Mon, 23 Apr 2018 00:00:00 +0530 Thu, 21 Jun 2018 06:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362152 The tribunal set aside the penalty under Section 11AC for a manufacturing company that mistakenly availed CENVAT credit and paid duty under the wrong notification. The tribunal emphasized the absence of suppression of facts by the appellant, distinguishing the case from precedent. While confirming duty and interest, the tribunal clarified that penalties under Section 11AC require factual suppression, providing guidance on penalty imposition for compliance errors in excise duty cases. Case-Laws Central Excise Mon, 23 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362152