https://www.taxtmi.com/caselaws?id=98462 Removal of inputs and capital goods to a neighbouring unit without duty payment, gate pass or invoice, and without compliance with the prescribed procedure, attracted duty liability because the statutory scheme permits such movement only in accordance with the relevant rule. The duty demand was upheld. Although the procedural breach remained established, the penalty was moderated on the facts, taking into account the assessee's bona fide belief and financial condition. The appeal therefore succeeded only to the limited extent of penalty reduction, while the duty confirmation was sustained. en-us Fri, 16 Feb 2001 00:00:00 +0530 Fri, 20 Jan 2012 17:09:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98462 Removal of inputs and capital goods to a neighbouring unit without duty payment, gate pass or invoice, and without compliance with the prescribed procedure, attracted duty liability because the statutory scheme permits such movement only in accordance with the relevant rule. The duty demand was upheld. Although the procedural breach remained established, the penalty was moderated on the facts, taking into account the assessee's bona fide belief and financial condition. The appeal therefore succeeded only to the limited extent of penalty reduction, while the duty confirmation was sustained. Case-Laws Central Excise Fri, 16 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98462