https://www.taxtmi.com/caselaws?id=450776 CESTAT Mumbai set aside penalty under section 11AC of Central Excise Act, 1944 imposed on appellant for discharging duty liability on lower values using outdated CAS 4 certification from 2008 instead of current year certifications. Despite appellant's awareness of proper cost construction requirements from previous proceedings and their resort to outdated certification to avoid enhanced liability burden, the tribunal found that appellant had voluntarily paid differential duty with interest before notice issuance and issued supplementary invoices enabling credit. Since duty and interest liability was discharged, sections 11(B) and 11A(3) operated to dispense with penalty, making section 11AC inapplicable. en-us Tue, 12 Mar 2024 00:00:00 +0530 Wed, 13 Mar 2024 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450776 CESTAT Mumbai set aside penalty under section 11AC of Central Excise Act, 1944 imposed on appellant for discharging duty liability on lower values using outdated CAS 4 certification from 2008 instead of current year certifications. Despite appellant's awareness of proper cost construction requirements from previous proceedings and their resort to outdated certification to avoid enhanced liability burden, the tribunal found that appellant had voluntarily paid differential duty with interest before notice issuance and issued supplementary invoices enabling credit. Since duty and interest liability was discharged, sections 11(B) and 11A(3) operated to dispense with penalty, making section 11AC inapplicable. Case-Laws Central Excise Tue, 12 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450776