https://www.taxtmi.com/caselaws?id=289266 The Tribunal set aside the penalty imposed on the appellant under Section 11AC of the Central Excise Act for failing to pay the revised duty rate on 'Paint Brush'. The appellant acknowledged the duty liability, paid the duty with interest, and argued ignorance of the duty rate changes. The Tribunal agreed that the appellant's actions did not show any intention to evade duty, emphasizing the absence of malafide intent. Consequently, the penalty was revoked while confirming the duty demand and interest payment in favor of the appellant. en-us Wed, 13 Mar 2019 00:00:00 +0530 Thu, 23 Jul 2020 12:02:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289266 The Tribunal set aside the penalty imposed on the appellant under Section 11AC of the Central Excise Act for failing to pay the revised duty rate on 'Paint Brush'. The appellant acknowledged the duty liability, paid the duty with interest, and argued ignorance of the duty rate changes. The Tribunal agreed that the appellant's actions did not show any intention to evade duty, emphasizing the absence of malafide intent. Consequently, the penalty was revoked while confirming the duty demand and interest payment in favor of the appellant. Case-Laws Central Excise Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289266