https://www.taxtmi.com/caselaws?id=403709 The appeal challenging the order under Section 35G(2) of the Central Excise Act, 1944 and Section 83 of the Finance Act, 1994 was admitted by the Madras High Court based on the substantial question of law regarding the imposition of equal penalty under Section 11AC of the Central Excise Act, 1944. The court considered whether setting aside the equal penalty was justified due to non-disclosure of certain details. Ultimately, the case was dismissed by the court due to low tax effect, in line with a circular issued by the Central Board of Indirect Taxes and Customs, allowing the Revenue to file a petition if the tax effect exceeded the threshold limit. en-us Wed, 20 Jan 2021 00:00:00 +0530 Sat, 06 Feb 2021 09:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403709 The appeal challenging the order under Section 35G(2) of the Central Excise Act, 1944 and Section 83 of the Finance Act, 1994 was admitted by the Madras High Court based on the substantial question of law regarding the imposition of equal penalty under Section 11AC of the Central Excise Act, 1944. The court considered whether setting aside the equal penalty was justified due to non-disclosure of certain details. Ultimately, the case was dismissed by the court due to low tax effect, in line with a circular issued by the Central Board of Indirect Taxes and Customs, allowing the Revenue to file a petition if the tax effect exceeded the threshold limit. Case-Laws Central Excise Wed, 20 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403709