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Central Excise - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Imposition of penalty - revenue neutral situation - assessee ...


Penalty Imposed on Assessee Despite Revenue-Neutral Situation and Pre-SCN Payment, Upheld by High Court u/s 11-AC.

September 27, 2019

Case Laws     Central Excise     HC

Imposition of penalty - revenue neutral situation - assessee paid the tax demand along with interest prior to the issuance of SCN itself - The penalty is imposable u/s 11-AC is a finding of fact arrived at by all the Authorities - penalty confirmed. - HC

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