The CESTAT quashed penalty under Rule 25 of the Central Excise Rules, 2002 as the intention to evade payment of excise duty was not established
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) quashed penalty under Rule 25 of the Central Excise Rules, 2002 as the intention to evade payment of excise duty was not established. The Commissioner of Central Excise, Jammu & Kashmir vide Order confirmed the recovery of the amounts demanded along with interest; however,…
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