https://www.taxtmi.com/caselaws?id=114689 The Tribunal set aside the duty demand for shortage of finished goods but affirmed duty demand on goods removed with kacha challans. The duty demand on short found raw material was also set aside. The penalty amount was reduced to Rs. 10,000 after allowing the benefit of cum-duty price, resulting in a substantial reduction of duty liability. The impugned order was modified accordingly, disposing of the appeal in favor of the appellants. en-us Fri, 19 Nov 2004 00:00:00 +0530 Fri, 18 May 2012 18:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114689 The Tribunal set aside the duty demand for shortage of finished goods but affirmed duty demand on goods removed with kacha challans. The duty demand on short found raw material was also set aside. The penalty amount was reduced to Rs. 10,000 after allowing the benefit of cum-duty price, resulting in a substantial reduction of duty liability. The impugned order was modified accordingly, disposing of the appeal in favor of the appellants. Case-Laws Central Excise Fri, 19 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114689