https://www.taxtmi.com/caselaws?id=429362 The tribunal upheld the penalty under Section 11AC for short payment of duty post debonding from an EOU unit, emphasizing the appellant's intentional avoidance of duty payment despite being aware of the obligation. The decision highlighted the appellant's suppression of facts and intent to evade duty payment, justifying the penalty imposition under Section 11AC. The tribunal found no error in confirming the penalty, dismissing the appeal based on the deliberate non-payment post-debonding falling within the criteria for penalty imposition under Section 11AC. en-us Thu, 20 Oct 2022 00:00:00 +0530 Thu, 27 Oct 2022 07:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429362 The tribunal upheld the penalty under Section 11AC for short payment of duty post debonding from an EOU unit, emphasizing the appellant's intentional avoidance of duty payment despite being aware of the obligation. The decision highlighted the appellant's suppression of facts and intent to evade duty payment, justifying the penalty imposition under Section 11AC. The tribunal found no error in confirming the penalty, dismissing the appeal based on the deliberate non-payment post-debonding falling within the criteria for penalty imposition under Section 11AC. Case-Laws Central Excise Thu, 20 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429362