https://www.taxtmi.com/caselaws?id=435559 The Tribunal upheld the demand of interest and the penalty of Rs.10,000 against the appellant, a manufacturer of railway coaches, for failing to pay excise duty on finished goods cleared during a specific period. Despite the appellant's bonafide belief in the continued applicability of an exemption notification, the Tribunal found no grounds to interfere and dismissed the appeal, emphasizing the lack of merit in challenging the interest and penalty imposition. en-us Tue, 07 Mar 2023 00:00:00 +0530 Thu, 23 Mar 2023 08:26:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435559 The Tribunal upheld the demand of interest and the penalty of Rs.10,000 against the appellant, a manufacturer of railway coaches, for failing to pay excise duty on finished goods cleared during a specific period. Despite the appellant's bonafide belief in the continued applicability of an exemption notification, the Tribunal found no grounds to interfere and dismissed the appeal, emphasizing the lack of merit in challenging the interest and penalty imposition. Case-Laws Central Excise Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435559