https://www.taxtmi.com/caselaws?id=395711 The appellate tribunal CESTAT New Delhi reviewed a case involving penalty imposition based on a remand order from the Tribunal. The appellant argued for a lower penalty under Section 11AC due to prior duty deposit, but the lower authorities imposed a higher penalty. The tribunal held that penalties should align with statutory provisions and remanded the matter to determine penalty liability per Section 11AC. This case underscores the necessity of adhering to statutory guidelines when imposing penalties in customs and excise matters, even when duty has been deposited before formal proceedings. en-us Wed, 12 Feb 2020 00:00:00 +0530 Thu, 04 Jun 2020 05:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395711 The appellate tribunal CESTAT New Delhi reviewed a case involving penalty imposition based on a remand order from the Tribunal. The appellant argued for a lower penalty under Section 11AC due to prior duty deposit, but the lower authorities imposed a higher penalty. The tribunal held that penalties should align with statutory provisions and remanded the matter to determine penalty liability per Section 11AC. This case underscores the necessity of adhering to statutory guidelines when imposing penalties in customs and excise matters, even when duty has been deposited before formal proceedings. Case-Laws Central Excise Wed, 12 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395711