https://www.taxtmi.com/caselaws?id=441076 The Tribunal set aside the Commissioner's order confirming duty demands and penalties against Fifth Generation Electro Systems Pvt. Ltd., M/s. Midpoint Software & Electro Systems Pvt. Ltd., and their Managing Director. The Tribunal found the confirmation of demands without documentary evidence and cross-examination of witnesses to violate natural justice. It noted inconsistencies in dropping demands against another party under similar circumstances. The Tribunal allowed the appeals, emphasizing that retrospective application of interest prior to the introduction of Section 11AB in 1996 was not supported by statutory provisions. en-us Fri, 28 Jul 2023 00:00:00 +0530 Wed, 02 Aug 2023 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441076 The Tribunal set aside the Commissioner's order confirming duty demands and penalties against Fifth Generation Electro Systems Pvt. Ltd., M/s. Midpoint Software & Electro Systems Pvt. Ltd., and their Managing Director. The Tribunal found the confirmation of demands without documentary evidence and cross-examination of witnesses to violate natural justice. It noted inconsistencies in dropping demands against another party under similar circumstances. The Tribunal allowed the appeals, emphasizing that retrospective application of interest prior to the introduction of Section 11AB in 1996 was not supported by statutory provisions. Case-Laws Central Excise Fri, 28 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441076