https://www.taxtmi.com/caselaws?id=121619 Interest was sustained on duty paid after clandestine removal because the duty liability was admitted, unaccounted production was established, and the date of removal could be reasonably inferred from the record. The penalty on the assessee company was reduced because the duty had already been paid and the original penalty equal to the evaded duty was considered excessive. The directors' personal involvement in planned evasion and clandestine removal justified penalty in principle, but the amounts were moderated on the facts and reduced to a nominal figure each. en-us Thu, 24 May 2007 00:00:00 +0530 Wed, 01 Aug 2012 10:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121619 Interest was sustained on duty paid after clandestine removal because the duty liability was admitted, unaccounted production was established, and the date of removal could be reasonably inferred from the record. The penalty on the assessee company was reduced because the duty had already been paid and the original penalty equal to the evaded duty was considered excessive. The directors' personal involvement in planned evasion and clandestine removal justified penalty in principle, but the amounts were moderated on the facts and reduced to a nominal figure each. Case-Laws Central Excise Thu, 24 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121619