https://www.taxtmi.com/caselaws?id=122462 The case involved allegations of under-valuation, grade substitution, clandestine clearance of goods, non-payment of duty on MS barrels, and under-valuation through substitution of higher density products. The main applicant admitted to some charges and disputed others. The Bench found in favor of the Revenue on certain issues, revising the duty liability to Rs. 35,22,121. The main applicant was directed to pay the balance within 30 days, with immunity from certain penalties and confiscation granted under Section 32K of the Central Excise Act. en-us Thu, 07 Apr 2005 00:00:00 +0530 Mon, 13 Aug 2012 18:04:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122462 The case involved allegations of under-valuation, grade substitution, clandestine clearance of goods, non-payment of duty on MS barrels, and under-valuation through substitution of higher density products. The main applicant admitted to some charges and disputed others. The Bench found in favor of the Revenue on certain issues, revising the duty liability to Rs. 35,22,121. The main applicant was directed to pay the balance within 30 days, with immunity from certain penalties and confiscation granted under Section 32K of the Central Excise Act. Case-Laws Central Excise Thu, 07 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122462