https://www.taxtmi.com/caselaws?id=362415 The Tribunal allowed the appeal in a case involving underpayment of excise duty on goods cleared at lower MRP. The appellant, a manufacturer of household plastic articles, had submitted two price declarations for different MRPs, which were acknowledged by the Department. The Tribunal found no mala fide intent in the discrepancies observed and held that the duty demand was not sustainable due to the appellant's compliance with legal procedures. The penalty imposition was also deemed unsustainable, emphasizing the importance of adherence to legal requirements and proper documentation in excise duty matters. en-us Thu, 05 Apr 2018 00:00:00 +0530 Tue, 26 Jun 2018 08:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362415 The Tribunal allowed the appeal in a case involving underpayment of excise duty on goods cleared at lower MRP. The appellant, a manufacturer of household plastic articles, had submitted two price declarations for different MRPs, which were acknowledged by the Department. The Tribunal found no mala fide intent in the discrepancies observed and held that the duty demand was not sustainable due to the appellant's compliance with legal procedures. The penalty imposition was also deemed unsustainable, emphasizing the importance of adherence to legal requirements and proper documentation in excise duty matters. Case-Laws Central Excise Thu, 05 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362415