CESTAT Quashes Penalty u/r 25 of Central Excise Rules imposed on Manufacture of Textile Machinery on ground of Absence of Malafide Intention [Read Order]

CESTAT - Penalty - Central Excise Rules - Manufacture - Textile Machinery - taxscan

The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty under rule 25 of the Central Excise Rules,2002 imposed on the manufacture of textile machinery on the ground of absence of malafide intention.  Ambica Engineering Works, the appellant assessee engaged in the manufacture of textile machinery falling under Chapter 84…

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