https://www.taxtmi.com/caselaws?id=365745 The Tribunal ruled in favor of the appellant, setting aside the penalty under Sec.11AC and confirming the demand for duty while directing the set off against the excess duty paid. The appellant, a partnership firm, had paid duty in excess during the relevant period, leading to the conclusion that no penalty should be imposed as the net effect of the assessment showed an overall excess payment of duty. en-us Tue, 07 Aug 2018 00:00:00 +0530 Thu, 23 Aug 2018 09:34:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365745 The Tribunal ruled in favor of the appellant, setting aside the penalty under Sec.11AC and confirming the demand for duty while directing the set off against the excess duty paid. The appellant, a partnership firm, had paid duty in excess during the relevant period, leading to the conclusion that no penalty should be imposed as the net effect of the assessment showed an overall excess payment of duty. Case-Laws Central Excise Tue, 07 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365745