https://www.taxtmi.com/caselaws?id=106692 The Appellate Tribunal CEGAT, Kolkata confirmed the duty demand on excisable goods cleared without payment by a company, including excess quantities of M.S. Ingots. Confiscation and a redemption fine were upheld for the excess ingots, along with penalties under Section 11AC of the Central Excise Act. The Tribunal rejected challenges to duty computation and penalty amounts, upholding penalties on the Managing Director for involvement in the irregularities. The duty liability, penalty imposition, and confiscation of goods were addressed in this case analysis. en-us Fri, 23 Aug 2002 00:00:00 +0530 Thu, 15 Mar 2012 12:48:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106692 The Appellate Tribunal CEGAT, Kolkata confirmed the duty demand on excisable goods cleared without payment by a company, including excess quantities of M.S. Ingots. Confiscation and a redemption fine were upheld for the excess ingots, along with penalties under Section 11AC of the Central Excise Act. The Tribunal rejected challenges to duty computation and penalty amounts, upholding penalties on the Managing Director for involvement in the irregularities. The duty liability, penalty imposition, and confiscation of goods were addressed in this case analysis. Case-Laws Central Excise Fri, 23 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106692