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Central Excise - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Valuation - Levy of penalty u/s 11AC - it is the appellant which ...


Appellant Liable for Final Costing Errors; Faces Penalty u/s 11AC of Central Excise Act.

May 8, 2015

Case Laws     Central Excise     SC

Valuation - Levy of penalty u/s 11AC - it is the appellant which had worked out the final costing and it is the chartered accountant of the appellant which had prepared the said costing and submitted to the Department. - appellant cannot feign ignorance or be pretentious about its innocence - SC

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