https://www.taxtmi.com/caselaws?id=376764 The Tribunal upheld the Commissioner's decision to set aside the penalty imposed under Section 11AC of the Central Excise Act, 1944. The appellant's payment of duty and interest before the notice, invoking Section 11A(2), was deemed sufficient, as there was no evidence of suppression. The Tribunal found the penalty unwarranted due to the disputed interpretation of the assessable value issue pending before the apex court. The Revenue's appeal was dismissed, affirming the Commissioner's order. en-us Tue, 12 Mar 2019 00:00:00 +0530 Sat, 16 Mar 2019 08:13:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376764 The Tribunal upheld the Commissioner's decision to set aside the penalty imposed under Section 11AC of the Central Excise Act, 1944. The appellant's payment of duty and interest before the notice, invoking Section 11A(2), was deemed sufficient, as there was no evidence of suppression. The Tribunal found the penalty unwarranted due to the disputed interpretation of the assessable value issue pending before the apex court. The Revenue's appeal was dismissed, affirming the Commissioner's order. Case-Laws Central Excise Tue, 12 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376764