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Central Excise - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Penalty u/s 11AC - valuation - Assessee paid the duty suo motu ...


Assessee Pays Duty Voluntarily Without Department Objections; No Penalty Imposed u/s 11AC Due to Lack of Intent.

October 28, 2015

Case Laws     Central Excise     AT

Penalty u/s 11AC - valuation - Assessee paid the duty suo motu without any enquiries or any objection from the department. This conduct of the respondent clearly indicates that there was no intention leave alone wilful intention to evade payment of duty - No penalty - AT

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