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Central Excise - Highlights / Catch Notes

Home Highlights May 2023 Year 2023 This

Levy of Equal amount of penalty under Section 11AC of the ...


Penalty u/s 11AC Overturned: No Fact Suppression, Extended Demand Period Unsustainable, Penalty Set Aside.

May 4, 2023

Case Laws     Central Excise     AT

Levy of Equal amount of penalty under Section 11AC of the Central Excise Act, 1944 - It can be seen that it was categorically held that since there is no suppression of fact, demand of extended period is not sustainable. The penalty imposed in the impugned order was held to be not warranted accordingly, the same was set aside. - AT

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