https://www.taxtmi.com/caselaws?id=766878 The appellate tribunal allowed the appeal, setting aside the demand for Central Excise duty on a performance incentive received by the appellant. The tribunal determined that the extended period of limitation was inapplicable, as the penalty under Section 11AC of the Central Excise Act, 1944, requires evidence of fraud or willful misstatement, which was absent. The finding on the penalty attained finality, leading to the dismissal of the duty demand. en-us Thu, 27 Feb 2025 00:00:00 +0530 Thu, 06 Mar 2025 07:35:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766878 The appellate tribunal allowed the appeal, setting aside the demand for Central Excise duty on a performance incentive received by the appellant. The tribunal determined that the extended period of limitation was inapplicable, as the penalty under Section 11AC of the Central Excise Act, 1944, requires evidence of fraud or willful misstatement, which was absent. The finding on the penalty attained finality, leading to the dismissal of the duty demand. Case-Laws Central Excise Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766878