https://www.taxtmi.com/caselaws?id=280226 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 11AC of the Central Excise Act, 1944. Despite the appellant's mistaken belief in an exemption for biscuits valued up to Rs. 100/kg, the Tribunal found no intent to evade duty as the appellant promptly paid the differential duty and interest upon realizing the error. The goods were cleared with proper documentation, leading the Tribunal to deem the penalty unsustainable and ultimately allowing the appeal. en-us Mon, 09 Jul 2018 00:00:00 +0530 Fri, 26 Apr 2019 08:11:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280226 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 11AC of the Central Excise Act, 1944. Despite the appellant's mistaken belief in an exemption for biscuits valued up to Rs. 100/kg, the Tribunal found no intent to evade duty as the appellant promptly paid the differential duty and interest upon realizing the error. The goods were cleared with proper documentation, leading the Tribunal to deem the penalty unsustainable and ultimately allowing the appeal. Case-Laws Central Excise Mon, 09 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280226