Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2014 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (3) TMI 591 - AT - Central ExcisePenalty under Rule 25(1)(a) & (b) of the Central Excise Rules, 2002 read with Section 11AC - Held that:- 5 year period for invoking extended period will start from the date of knowledge by the Department. The Revenue came to know about their payment of duty when audit party raised objection. Therefore, the demand is rightly made by invoking extended period - demand of duty is confirmed which is not contested by the Revenue under the provisions of Section 11AC of the Act by invoking extended period. Therefore, ingredients of Section 11AC of the Act are not fulfilled - penalty confirmed - Decided against assessee.
|