https://www.taxtmi.com/caselaws?id=377571 The Tribunal set aside the penalties under Section 11AC of the Central Excise Act, 1944, while upholding the duty liabilities and other aspects of the impugned order. The appellants had promptly paid the duty liabilities upon notification, demonstrating no intention to evade payment. The Tribunal considered the timely settlement, regular filing of returns, and lack of suppression of facts in concluding that the mandatory imposition of penalties was unwarranted. As a result, the penalties initially imposed were deemed excessive and unjust, leading to their removal in this case. en-us Mon, 25 Mar 2019 00:00:00 +0530 Mon, 01 Apr 2019 07:49:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377571 The Tribunal set aside the penalties under Section 11AC of the Central Excise Act, 1944, while upholding the duty liabilities and other aspects of the impugned order. The appellants had promptly paid the duty liabilities upon notification, demonstrating no intention to evade payment. The Tribunal considered the timely settlement, regular filing of returns, and lack of suppression of facts in concluding that the mandatory imposition of penalties was unwarranted. As a result, the penalties initially imposed were deemed excessive and unjust, leading to their removal in this case. Case-Laws Central Excise Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377571