https://www.taxtmi.com/caselaws?id=123251 Shortage of finished goods in the factory was treated as supporting an inference of intent to evade duty. Because the related duty demand had been accepted and paid without challenge, the waiver of penalty and interest could not be sustained. The appellate tribunal therefore set aside the exemption from consequential liabilities, directed payment of interest as per law, and imposed penalty. en-us Wed, 21 Mar 2007 00:00:00 +0530 Tue, 11 Sep 2012 10:43:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123251 Shortage of finished goods in the factory was treated as supporting an inference of intent to evade duty. Because the related duty demand had been accepted and paid without challenge, the waiver of penalty and interest could not be sustained. The appellate tribunal therefore set aside the exemption from consequential liabilities, directed payment of interest as per law, and imposed penalty. Case-Laws Central Excise Wed, 21 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123251