https://www.taxtmi.com/caselaws?id=362936 The Tribunal rejected the appellant's claim of exemption under Notification No.3/2004-CE for cement clearance to SEZ due to lack of explicit exemption for cement. The penalty under section 11AC was overturned as the appellant demonstrated a genuine belief in the contractor's certificate and lack of intent to evade duty. The duty demand and interest were upheld, but the penalty was set aside. The appeal was partly allowed, emphasizing the absence of fraudulent intent in the appellant's actions. en-us Tue, 17 Apr 2018 00:00:00 +0530 Fri, 06 Jul 2018 07:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362936 The Tribunal rejected the appellant's claim of exemption under Notification No.3/2004-CE for cement clearance to SEZ due to lack of explicit exemption for cement. The penalty under section 11AC was overturned as the appellant demonstrated a genuine belief in the contractor's certificate and lack of intent to evade duty. The duty demand and interest were upheld, but the penalty was set aside. The appeal was partly allowed, emphasizing the absence of fraudulent intent in the appellant's actions. Case-Laws Central Excise Tue, 17 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362936