https://www.taxtmi.com/caselaws?id=375928 The tribunal set aside the penalty imposition under section 11AC of the Central Excise Act 1944, partially allowing the appeal. The decision emphasized the necessity of clear evidence and justification for penalty imposition, especially in cases involving public sector units. It also underscored the importance of considering circumstances and ensuring compliance with tax laws when determining liability for penalties. en-us Tue, 22 Jan 2019 00:00:00 +0530 Thu, 28 Feb 2019 06:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375928 The tribunal set aside the penalty imposition under section 11AC of the Central Excise Act 1944, partially allowing the appeal. The decision emphasized the necessity of clear evidence and justification for penalty imposition, especially in cases involving public sector units. It also underscored the importance of considering circumstances and ensuring compliance with tax laws when determining liability for penalties. Case-Laws Central Excise Tue, 22 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375928