https://www.taxtmi.com/caselaws?id=204306 The Appellate Tribunal CESTAT, Mumbai ruled in a case involving M/s. Nasik Strips Pvt. Ltd., where a duty demand and penalty for alleged clandestine manufacture of M.S. ingots were challenged. The demand was primarily based on a technical opinion report by an IIT Professor, but the show-cause notice contained errors in energy consumption limits. The Tribunal found discrepancies in evidence and granted waiver and stay of recovery for the duty and penalty amounts, including that imposed on the Managing Director, due to lack of substantial evidence and inconsistencies in the technical report, aligning with a previous tribunal ruling. en-us Fri, 09 Jul 2010 00:00:00 +0530 Wed, 05 Jun 2013 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204306 The Appellate Tribunal CESTAT, Mumbai ruled in a case involving M/s. Nasik Strips Pvt. Ltd., where a duty demand and penalty for alleged clandestine manufacture of M.S. ingots were challenged. The demand was primarily based on a technical opinion report by an IIT Professor, but the show-cause notice contained errors in energy consumption limits. The Tribunal found discrepancies in evidence and granted waiver and stay of recovery for the duty and penalty amounts, including that imposed on the Managing Director, due to lack of substantial evidence and inconsistencies in the technical report, aligning with a previous tribunal ruling. Case-Laws Central Excise Fri, 09 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204306