https://www.taxtmi.com/caselaws?id=370274 The Tribunal set aside the penalty imposed on the appellant under Section 11AC of the Central Excise Act, 1944, due to the absence of evidence proving any malafide intention on the part of the appellant, a public sector undertaking. The decision was based on precedents indicating that it would be unreasonable to assume malafide intention for such entities, ultimately allowing the appeal in favor of the appellant. en-us Fri, 12 Oct 2018 00:00:00 +0530 Thu, 15 Nov 2018 07:24:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370274 The Tribunal set aside the penalty imposed on the appellant under Section 11AC of the Central Excise Act, 1944, due to the absence of evidence proving any malafide intention on the part of the appellant, a public sector undertaking. The decision was based on precedents indicating that it would be unreasonable to assume malafide intention for such entities, ultimately allowing the appeal in favor of the appellant. Case-Laws Central Excise Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370274