https://www.taxtmi.com/caselaws?id=773611 CESTAT Hyderabad addressed central excise duty payment and penalty issues for coal clearances post 30.06.2017. The tribunal held that interest on unpaid central excise duty is statutory and cannot be waived. However, penalty under Section 11AC(1)(c) was set aside, finding the non-payment was bonafide without deliberate intent to evade duty, particularly given the appellant's PSU status. The retrospective amendment of Finance Act 2024 covering 'cess' under Notification 12/2017 supported this finding. The original order was set aside and remanded to verify compliance with amended notification conditions. Appeal was partly allowed through remand. en-us Tue, 24 Jun 2025 00:00:00 +0530 Thu, 26 Jun 2025 08:35:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773611 CESTAT Hyderabad addressed central excise duty payment and penalty issues for coal clearances post 30.06.2017. The tribunal held that interest on unpaid central excise duty is statutory and cannot be waived. However, penalty under Section 11AC(1)(c) was set aside, finding the non-payment was bonafide without deliberate intent to evade duty, particularly given the appellant's PSU status. The retrospective amendment of Finance Act 2024 covering 'cess' under Notification 12/2017 supported this finding. The original order was set aside and remanded to verify compliance with amended notification conditions. Appeal was partly allowed through remand. Case-Laws Central Excise Tue, 24 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773611