https://www.taxtmi.com/caselaws?id=794089 Penalty and interest under Central Excise were held unsustainable where the dispute involved plausible interpretations of the exemption notification and the adjudicating authority had already declined penalty. The Court treated that finding as sufficient to conclude that the mandatory conditions for invoking the penalty provision were not met. On the same facts, it accepted that interest was also not leviable. The Revenue's challenge therefore failed. en-us Thu, 11 Jun 2026 00:00:00 +0530 Tue, 30 Jun 2026 07:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794089 Penalty and interest under Central Excise were held unsustainable where the dispute involved plausible interpretations of the exemption notification and the adjudicating authority had already declined penalty. The Court treated that finding as sufficient to conclude that the mandatory conditions for invoking the penalty provision were not met. On the same facts, it accepted that interest was also not leviable. The Revenue's challenge therefore failed. Case-Laws Central Excise Thu, 11 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794089