https://www.taxtmi.com/caselaws?id=274996 The Tribunal upheld the duty demand but set aside the penalties imposed on the appellant, M/s. Blue Star Ltd., and its Executive Director. It found merit in the appellant's argument that the assessments were provisional, leading to the conclusion that penalties for provisional assessments were unsustainable. The Tribunal highlighted the importance of differentiating between provisional and final assessments in penalty determinations, ultimately ruling in favor of the appellant and overturning the penalty imposition while affirming the duty demand. en-us Wed, 28 May 2014 00:00:00 +0530 Thu, 13 Sep 2018 20:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274996 The Tribunal upheld the duty demand but set aside the penalties imposed on the appellant, M/s. Blue Star Ltd., and its Executive Director. It found merit in the appellant's argument that the assessments were provisional, leading to the conclusion that penalties for provisional assessments were unsustainable. The Tribunal highlighted the importance of differentiating between provisional and final assessments in penalty determinations, ultimately ruling in favor of the appellant and overturning the penalty imposition while affirming the duty demand. Case-Laws Central Excise Wed, 28 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274996