https://www.taxtmi.com/caselaws?id=372170 The High Court upheld the petitioner's claim for a reduced penalty under Section 11AC of the Central Excise Act, 1944, despite a minor payment oversight. The Court recognized the petitioner's genuine intention to comply, emphasizing the minimal amount involved and the legislative intent to avoid prolonged litigation. Relying on previous rulings and principles, the Court set aside the penalty, considering the inadvertent error and ensuring fairness in penalty enforcement. The judgment favored the petitioner, highlighting the importance of assessing individual circumstances and intentions in penalty cases to prevent undue hardship. en-us Fri, 14 Dec 2018 00:00:00 +0530 Fri, 05 Apr 2019 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372170 The High Court upheld the petitioner's claim for a reduced penalty under Section 11AC of the Central Excise Act, 1944, despite a minor payment oversight. The Court recognized the petitioner's genuine intention to comply, emphasizing the minimal amount involved and the legislative intent to avoid prolonged litigation. Relying on previous rulings and principles, the Court set aside the penalty, considering the inadvertent error and ensuring fairness in penalty enforcement. The judgment favored the petitioner, highlighting the importance of assessing individual circumstances and intentions in penalty cases to prevent undue hardship. Case-Laws Central Excise Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372170