https://www.taxtmi.com/caselaws?id=73240 The Tribunal held that Shree Mahesh Containers (SMC) was a separate entity from Shree Packaging Corporation (SPC) and not a fictitious firm created for duty evasion. The confiscation and duty demand on 7013 containers were upheld, with a penalty imposed on the appellant reduced from Rs. 1 lakh to Rs. 20,000. The demand for duty on 263 unaccounted containers was confirmed as the explanation provided was deemed unacceptable. en-us Thu, 25 Sep 1986 00:00:00 +0530 Mon, 30 May 2011 15:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73240 The Tribunal held that Shree Mahesh Containers (SMC) was a separate entity from Shree Packaging Corporation (SPC) and not a fictitious firm created for duty evasion. The confiscation and duty demand on 7013 containers were upheld, with a penalty imposed on the appellant reduced from Rs. 1 lakh to Rs. 20,000. The demand for duty on 263 unaccounted containers was confirmed as the explanation provided was deemed unacceptable. Case-Laws Central Excise Thu, 25 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73240