https://www.taxtmi.com/highlights?id=60630 Extended period of limitation - penalty - suppression of facts or not - since there has been prompt reversal by the appellant that too of a such amount which was meant for the appellants own both units, however was utilised only by one unit. Hence allegation of wilful mis-statement with an intent to evade payment rather not at all justified - Though the adjudicating authority below had been right while dropping the demand on the same ground by holding it to be mere clerical error, they have definitely got wrong while still imposing penalty. - AT en-us Wed, 24 Nov 2021 08:43:13 +0530 Wed, 24 Nov 2021 08:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=60630 Extended period of limitation - penalty - suppression of facts or not - since there has been prompt reversal by the appellant that too of a such amount which was meant for the appellants own both units, however was utilised only by one unit. Hence allegation of wilful mis-statement with an intent to evade payment rather not at all justified - Though the adjudicating authority below had been right while dropping the demand on the same ground by holding it to be mere clerical error, they have definitely got wrong while still imposing penalty. - AT Highlights Central Excise Wed, 24 Nov 2021 08:43:13 +0530 https://www.taxtmi.com/highlights?id=60630