https://www.taxtmi.com/caselaws?id=49050 The Tribunal held that the earlier Division Bench order had already set aside the penalty, and the Larger Bench reference was limited to marketability and exemption under Notification 59/90. Finding an error apparent from the record in the Larger Bench order, it corrected the mistake by sustaining the duty demand while deleting the penalty. The rectification application was therefore allowed, and the penalty under Section 11AC did not survive. en-us Tue, 26 Jun 2007 00:00:00 +0530 Mon, 09 Aug 2010 13:55:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49050 The Tribunal held that the earlier Division Bench order had already set aside the penalty, and the Larger Bench reference was limited to marketability and exemption under Notification 59/90. Finding an error apparent from the record in the Larger Bench order, it corrected the mistake by sustaining the duty demand while deleting the penalty. The rectification application was therefore allowed, and the penalty under Section 11AC did not survive. Case-Laws Central Excise Tue, 26 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49050