https://www.taxtmi.com/caselaws?id=203058 The tribunal reinstated penalties on a manufacturer for Central Excise duty evasion through clandestine removal, overturning the Commissioner's decision to set aside the penalties. The penalties were imposed on both the company and its director under Section 11AC and Rule 26, based on substantial shortages of finished products, admissions of clandestine removal, and legal precedent. The tribunal emphasized that even if duty is paid before notices, penalties must be imposed when elements for penalty exist, aligning with the importance of evidence and legal principles in such cases. en-us Thu, 30 Dec 2010 00:00:00 +0530 Tue, 04 Apr 2017 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203058 The tribunal reinstated penalties on a manufacturer for Central Excise duty evasion through clandestine removal, overturning the Commissioner's decision to set aside the penalties. The penalties were imposed on both the company and its director under Section 11AC and Rule 26, based on substantial shortages of finished products, admissions of clandestine removal, and legal precedent. The tribunal emphasized that even if duty is paid before notices, penalties must be imposed when elements for penalty exist, aligning with the importance of evidence and legal principles in such cases. Case-Laws Central Excise Thu, 30 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203058