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Central Excise - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Levy of penalty - there was no malafide intention on the part of ...


Assessee Corrects Error, Pays Duty and Interest Before Notice; No Penalty Imposed Due to Lack of Malafide Intent.

November 18, 2015

Case Laws     Central Excise     AT

Levy of penalty - there was no malafide intention on the part of the assessee inasmuch as the assessee has himself detected the mistake and has deposited the differential duty along with interest much before the issuance of the show-cause notice - No penalty - AT

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