https://www.taxtmi.com/caselaws?id=368723 The Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act on the manufacturer for short payment of duty. The appellant had paid the differential duty promptly upon detection of the error, arguing that the transaction to their sister unit was revenue neutral due to Cenvat credit utilization. The Tribunal agreed, noting the absence of mala fide intent and the appellant's history of substantial duty payments. While confirming the duty and interest, the Tribunal found no grounds for the penalty, emphasizing the need to consider intent in duty irregularities, particularly in revenue-neutral scenarios. en-us Fri, 24 Aug 2018 00:00:00 +0530 Sat, 13 Oct 2018 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368723 The Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act on the manufacturer for short payment of duty. The appellant had paid the differential duty promptly upon detection of the error, arguing that the transaction to their sister unit was revenue neutral due to Cenvat credit utilization. The Tribunal agreed, noting the absence of mala fide intent and the appellant's history of substantial duty payments. While confirming the duty and interest, the Tribunal found no grounds for the penalty, emphasizing the need to consider intent in duty irregularities, particularly in revenue-neutral scenarios. Case-Laws Central Excise Fri, 24 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368723