Levy of penalty - Revenue neutrality - entire excise is revenue ...
Penalty u/s 11AC Overturned Due to Revenue Neutrality in Excise Duty Case.
June 14, 2018
Case Laws Central Excise AT
Levy of penalty - Revenue neutrality - entire excise is revenue neutral as neither the assessee stands to loose anything by paying higher duty nor the Revenue stands to gain anything by the appellant’s adoption of lower assessable value - penalty u/s 11AC set aside
View Source