https://www.taxtmi.com/caselaws?id=34967 The High Court allowed the appeal but emphasized that early deposit of excise duty before the show cause notice does not automatically absolve the assessee from penalty if non-payment was due to fraud or willful misrepresentation. The Court highlighted that penalty under Section 11AC applies in cases of fraud or contravention of the Act to evade duty. The Court remanded the case for a fresh decision on the penalty issue, emphasizing the need to assess whether penalty should be imposed based on the specific criteria of Section 11AC. en-us Wed, 04 Nov 2009 00:00:00 +0530 Wed, 26 Jun 2013 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34967 The High Court allowed the appeal but emphasized that early deposit of excise duty before the show cause notice does not automatically absolve the assessee from penalty if non-payment was due to fraud or willful misrepresentation. The Court highlighted that penalty under Section 11AC applies in cases of fraud or contravention of the Act to evade duty. The Court remanded the case for a fresh decision on the penalty issue, emphasizing the need to assess whether penalty should be imposed based on the specific criteria of Section 11AC. Case-Laws Central Excise Wed, 04 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34967