2017 (12) TMI 1244

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Per: Ramesh Nair This appeal is filed by the Revenue against Order-in-Original passed by the Commissioner of Central Excise, Raigad Commissionerate seeking imposition of penalty under Section 11AC, corresponding to confirmed demand of Rs. 72,29,467/-. 2. Shri. Ajay Kumar, Ld. Addl. Commissioner(A.R.) appearing on behalf of the Revenue reiterating the grounds of appeal, submits that there was p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the ground that there was no suppression on the part of the respondent and thus extended period was not invokable. He submits that the said order applies equally on this issue as well, accordingly, penalty is not imposable. 4. We have carefully considered the submissions made by both sides and perused the records. 5. We find that though the show cause notice has proposed penalty under Section 11 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X