No Penalty for Indian Oil: CESTAT Finds No Mens Rea in Duty Payment Case [Read Order]
CESTAT, after considering the arguments and material on record, observed that there was no evidence of deliberate suppression or intention to evade duty by the appellant
By Adwaid M S - On April 11, 2025 7:06 am - 2 mins read
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has set aside the penalty imposed on Indian Oil Corporation Ltd ( IOCL ), Panipat Refinery, in a Central Excise dispute involving the clearance of Superior Kerosene Oil ( SKO ) during the period February 2009 to March 2012. CESTAT…
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