https://www.taxtmi.com/caselaws?id=109200 An admitted shortage of finished goods and raw materials, together with the commercial manager's acceptance of duty liability in the register, was treated as sufficient basis for penalty under Rule 173Q of the Central Excise Rules. The explanation that the statement was recorded under duress was rejected, and the Tribunal noted that duty liability was not contested. On that footing, the penalty was considered justified and the appellate order was upheld, with no interference called for against the reduced penalty and duty demand. en-us Mon, 11 Nov 2002 00:00:00 +0530 Fri, 06 Apr 2012 14:56:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109200 An admitted shortage of finished goods and raw materials, together with the commercial manager's acceptance of duty liability in the register, was treated as sufficient basis for penalty under Rule 173Q of the Central Excise Rules. The explanation that the statement was recorded under duress was rejected, and the Tribunal noted that duty liability was not contested. On that footing, the penalty was considered justified and the appellate order was upheld, with no interference called for against the reduced penalty and duty demand. Case-Laws Central Excise Mon, 11 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109200