2006 (7) TMI 368 - AT - Central Excise

Summary

The Revenue's appeal against setting aside penalty under Section 11AC of Central Excise Act was dismissed by the Appellate Tribunal CESTAT, NEW DELHI. The issue was regarding payment under Rule 6(3)(b) of Cenvat Credit Rules, not duty but an amount equal to 8% of the value of exempted goods. The provisions of Section 11AC apply only to short payment of duty. The appeal and stay petition were both dismissed. (2006 (7) TMI 368 - CESTAT, NEW DELHI)