Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (10) TMI 709 - KARNATAKA HIGH COURT

2015 (10) TMI 709 - KARNATAKA HIGH COURT - 2015 (323) E.L.T. 273 (Kar.) - Penalty u/s 11Ac - Held that:- Section 11AC of the Central Excise Act, 1944, contemplates, penalty for short-levy or non-levy of duty in certain cases, i.e., where any duty of Excise has not been levied or paid or has been short-levied or short-paid or erroneously refunded, by the reason of fraud, collusion, any wilful misstatement; or suppression of facts or contravention of any of the provisions of the Act or of the rule .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

case of imposing penalty under Section 11AC, we are not inclined to interfere with the order passed by the Tribunal and in the circumstances, we do not find any substantial question of law arising for consideration. - Decided against Revenue - CEA No. 8 of 2011 - Dated:- 4-3-2015 - Vineet Saran and S. Sujatha, JJ. Shri M.V. Chandra Shekara, Advocate, for the Appellant. JUDGMENT This appeal is filed by the Department challenging the order passed by the Customs, Excise and Service Tax Appellate T .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

vailment of Cenvat credit by the assessee and after passing adjudication proceedings, the Commissioner of Central Excise imposed penalty of ₹ 6,00,000/- under Rule 13 of Cenvat Credit Rules, 2002 read with Section 11AC of the Central Excise Act, 1944. 3. The assessee carried the matter in appeal before the Customs, Excise and Service Tax Appellate Tribunal and the Tribunal after examining the issue at length, has held that there was no intention on the part of the assessee to evade pa .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version