https://www.taxtmi.com/caselaws?id=208207 The case involved duty demand and penalty imposition against a manufacturer of M.S. Ingots for a shortage detected during stock taking without payment of duty. The Commissioner (Appeals) upheld the duty demand but set aside the penalty due to lack of evidence on clandestine removal. The Revenue's appeal against the penalty decision was successful as the Member (Technical) found significant shortage admitted by the respondent, supporting penalty imposition under Section 11AC. The original duty demand and penalty were reinstated, overturning the Commissioner's decision. en-us Tue, 08 Feb 2011 00:00:00 +0530 Fri, 09 Sep 2022 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208207 The case involved duty demand and penalty imposition against a manufacturer of M.S. Ingots for a shortage detected during stock taking without payment of duty. The Commissioner (Appeals) upheld the duty demand but set aside the penalty due to lack of evidence on clandestine removal. The Revenue's appeal against the penalty decision was successful as the Member (Technical) found significant shortage admitted by the respondent, supporting penalty imposition under Section 11AC. The original duty demand and penalty were reinstated, overturning the Commissioner's decision. Case-Laws Central Excise Tue, 08 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208207