https://www.taxtmi.com/caselaws?id=51768 The Tribunal ruled that the manufacturers were ineligible for the small scale exemption due to the brand name transfer, leading to duty demands for misdeclaration. The computation of duty demand was corrected, allowing adjustments for Modvat credit. Penalties under Section 11AC were deemed excessive and required re-evaluation. Interest under Section 11AB was upheld, with the case remanded for duty demand re-computation and penalty reassessment. The judgment from the Appellate Tribunal CEGAT, New Delhi, provided a detailed analysis of the issues and outcomes. en-us Wed, 18 Dec 2002 00:00:00 +0530 Wed, 08 May 2019 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51768 The Tribunal ruled that the manufacturers were ineligible for the small scale exemption due to the brand name transfer, leading to duty demands for misdeclaration. The computation of duty demand was corrected, allowing adjustments for Modvat credit. Penalties under Section 11AC were deemed excessive and required re-evaluation. Interest under Section 11AB was upheld, with the case remanded for duty demand re-computation and penalty reassessment. The judgment from the Appellate Tribunal CEGAT, New Delhi, provided a detailed analysis of the issues and outcomes. Case-Laws Central Excise Wed, 18 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51768