https://www.taxtmi.com/caselaws?id=118458 The Tribunal partially allowed the appeals, upholding duty, penalties, and interest on the company but rescinding the personal penalty on the Director. The decision was based on the lack of satisfactory explanations from the appellant regarding the shortage of goods, the Director's statement hinting at possible clandestine removal, and the absence of direct evidence implicating the Director in the misconduct. The judgment clarified the evidentiary standards required for imposing penalties on company officials in excise duty cases. en-us Tue, 01 Aug 2006 00:00:00 +0530 Sat, 30 Jun 2012 17:39:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118458 The Tribunal partially allowed the appeals, upholding duty, penalties, and interest on the company but rescinding the personal penalty on the Director. The decision was based on the lack of satisfactory explanations from the appellant regarding the shortage of goods, the Director's statement hinting at possible clandestine removal, and the absence of direct evidence implicating the Director in the misconduct. The judgment clarified the evidentiary standards required for imposing penalties on company officials in excise duty cases. Case-Laws Central Excise Tue, 01 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118458