Penalty reduced in excise goods case, no clandestine removal found. Appeal remanded for penalty reconsideration. The Appellate Tribunal CESTAT NEW DELHI reduced the penalty from Rs. 3,78,619 to Rs. 50,000, indicating no clandestine removal of goods in a case ...
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Penalty reduced in excise goods case, no clandestine removal found. Appeal remanded for penalty reconsideration.
The Appellate Tribunal CESTAT NEW DELHI reduced the penalty from Rs. 3,78,619 to Rs. 50,000, indicating no clandestine removal of goods in a case involving non-accountal of excisable goods. The appeal was remanded for reconsideration of penalty provisions under Section 11AC with Rule 25 of Central Excise Rules, 2002.
The Appellate Tribunal CESTAT NEW DELHI reduced penalty from Rs. 3,78,619 to Rs. 50,000 indicating no clandestine removal of goods. The case involved non-accountal of excisable goods, leading to penalty under Section 11AC with Rule 25 of Central Excise Rules, 2002. The appeal was remanded for reconsideration of penalty provisions.
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