Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

C.C.E., BANGALORE Versus FLEXTRONICS TECHNOLOGIES (INDIA) PVT. LTD.

2015 (10) TMI 709 - KARNATAKA HIGH COURT

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 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

, it is observed that the assessee had availed the wrong credit in their account but has not utilized the same and after it was pointed out by the audit party the same was reversed by the assessee. In such circumstances, the Tribunal has rightly held .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

fere 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. .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

- imposed by the Commissioner of Central Excise. 2. The brief facts of the case are that : The assessee is engaged in manufacture and clearance of excisable goods viz., PCB Assemblies, TV tuners. Set-top boxes under Chapter 85 of the Schedule to .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

roceedings, 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 Custo .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e Commissioner was not sustainable and accordingly, vacated the penalty, against which, this appeal is filed by the Department. 4. We have heard the learned Counsel appearing for the appellant and perused the records. 5. Section 11AC of the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ollusion, any wilful misstatement; or suppression of facts or contravention of any of the provisions of the Act or of the rules made thereunder with intent to evade payment of duty. 6. From the records, it is observed that the assessee had avail .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| 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