Penalty u/s 11AC - Interest u/s 11AB - Suppression of facts - ...

High Court Rules Interest Cannot Be Waived Despite Duty Payment; Penalty Waiver u/s 11AC Upheld.

January 26, 2014

Case Laws Central Excise HC

Penalty u/s 11AC - Interest u/s 11AB - Suppression of facts - Tribunal set aside the interest solely on the ground that the duty was paid prior to the show cause notice. - Interest cannot be waived - however penalty waiver is correct - HC

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Penalty u/s 11AC - Interest u/s 11AB - Suppression of facts - ...

High Court Rules Interest Cannot Be Waived Despite Duty Payment; Penalty Waiver u/s 11AC Upheld.

January 26, 2014

Case Laws Central Excise HC

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