Extended period of limitation - penalty - suppression of facts ...

Penalty Imposed for Alleged Fact Suppression Overturned; Adjudicating Authority Mistakenly Penalized for Clerical Error.

November 24, 2021

Case Laws Central Excise AT

Extended period of limitation - penalty - suppression of facts or not - since there has been prompt reversal by the appellant that too of a such amount which was meant for the appellants own both units, however was utilised only by one unit. Hence allegation of wilful mis-statement with an intent to evade payment rather not at all justified - Though the adjudicating authority below had been right while dropping the demand on the same ground by holding it to be mere clerical error, they have definitely got wrong while still imposing penalty. - AT

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Extended period of limitation - penalty - suppression of facts ...

Penalty Imposed for Alleged Fact Suppression Overturned; Adjudicating Authority Mistakenly Penalized for Clerical Error.

November 24, 2021

Case Laws Central Excise AT

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