https://www.taxtmi.com/caselaws?id=102932 The Appellate Tribunal upheld the Commissioner's decision on the Central Excise duty demand of Rs. 74,844.20 but reduced the penalty from Rs. 50,000 to Rs. 10,000 for an appellant involved in manufacturing and removing Biris without payment of duty. Despite retractions by individuals supplying Biris, citing coercion in original statements, the Tribunal found the original statements credible due to delayed retractions and lack of immediate objection during recording. The Tribunal emphasized the absence of prompt disclosure regarding coercion, supporting the Commissioner's reliance on the original statements over subsequent retractions. en-us Tue, 20 Oct 1998 00:00:00 +0530 Fri, 17 Feb 2012 10:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102932 The Appellate Tribunal upheld the Commissioner's decision on the Central Excise duty demand of Rs. 74,844.20 but reduced the penalty from Rs. 50,000 to Rs. 10,000 for an appellant involved in manufacturing and removing Biris without payment of duty. Despite retractions by individuals supplying Biris, citing coercion in original statements, the Tribunal found the original statements credible due to delayed retractions and lack of immediate objection during recording. The Tribunal emphasized the absence of prompt disclosure regarding coercion, supporting the Commissioner's reliance on the original statements over subsequent retractions. Case-Laws Central Excise Tue, 20 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102932