https://www.taxtmi.com/caselaws?id=122012 The Tribunal ruled in favor of M/s. Swapna Sakar Steel Ltd., the director, and the administrative manager, setting aside the penalties and redemption fine imposed. It determined that there was no clandestine removal of goods as duty payment was promptly made upon identification of discrepancies. The Tribunal found no basis for penalties or confiscation, noting a trade notice allowing similar actions and the immediate duty payment. The decision was influenced by the lack of intent to evade duty and compliance with previous Tribunal decisions. en-us Tue, 20 Sep 2005 00:00:00 +0530 Tue, 07 Aug 2012 18:48:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122012 The Tribunal ruled in favor of M/s. Swapna Sakar Steel Ltd., the director, and the administrative manager, setting aside the penalties and redemption fine imposed. It determined that there was no clandestine removal of goods as duty payment was promptly made upon identification of discrepancies. The Tribunal found no basis for penalties or confiscation, noting a trade notice allowing similar actions and the immediate duty payment. The decision was influenced by the lack of intent to evade duty and compliance with previous Tribunal decisions. Case-Laws Central Excise Tue, 20 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122012