https://www.taxtmi.com/caselaws?id=31246 The Tribunal allowed the appellants' appeal regarding the inclusion of liners in the aggregate value of clearances, finding no intention to evade duty. The appellants agreed to rectify the short-levy, and the penalty was reduced to Rs. 5,000. The Tribunal also ruled in favor of the appellants on the suppression of facts issue, reducing the penalty to Rs. 5,000. Regarding penalty imposition, the Tribunal dismissed the revenue's appeal seeking to impose a penalty under Section 11AC retroactively, as the clearances in question predated the enactment of that section. en-us Wed, 23 Jan 2008 00:00:00 +0530 Fri, 24 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31246 The Tribunal allowed the appellants' appeal regarding the inclusion of liners in the aggregate value of clearances, finding no intention to evade duty. The appellants agreed to rectify the short-levy, and the penalty was reduced to Rs. 5,000. The Tribunal also ruled in favor of the appellants on the suppression of facts issue, reducing the penalty to Rs. 5,000. Regarding penalty imposition, the Tribunal dismissed the revenue's appeal seeking to impose a penalty under Section 11AC retroactively, as the clearances in question predated the enactment of that section. Case-Laws Central Excise Wed, 23 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31246