https://www.taxtmi.com/caselaws?id=436738 The Tribunal partially allowed the appeal by a Public Sector Undertaking regarding non-payment of excise duty on petroleum products cleared from the refinery. The duty liability was to be re-quantified based on a Ministry clarification, attributing quantity differences to transit loss or measurement errors. Duty demand on Naphtha retained in the pipeline was deemed unjustified as duty had been paid earlier. Penalties for alleged duty evasion were set aside due to the appellant's cooperation and lack of intent to evade duty. The matter was remanded for re-evaluation of duty liability and penalties. en-us Mon, 17 Apr 2023 00:00:00 +0530 Thu, 20 Apr 2023 08:45:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436738 The Tribunal partially allowed the appeal by a Public Sector Undertaking regarding non-payment of excise duty on petroleum products cleared from the refinery. The duty liability was to be re-quantified based on a Ministry clarification, attributing quantity differences to transit loss or measurement errors. Duty demand on Naphtha retained in the pipeline was deemed unjustified as duty had been paid earlier. Penalties for alleged duty evasion were set aside due to the appellant's cooperation and lack of intent to evade duty. The matter was remanded for re-evaluation of duty liability and penalties. Case-Laws Central Excise Mon, 17 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436738