https://www.taxtmi.com/caselaws?id=211977 The Tribunal upheld penalties imposed on a respondent-company and Director for clandestine removal of goods without duty payment. Despite the Commissioner (Appeals) annulling the penalties, the Tribunal reinstated them due to substantial shortages and the Director's admission. The Tribunal criticized the Appeals Commissioner for not considering the Director's admission statements. However, in line with a High Court decision, the Tribunal allowed the respondent-company to pay reduced penalties within a specified timeframe, setting aside the Appeals Commissioner's orders and restoring the original penalties. en-us Tue, 30 Nov 2010 00:00:00 +0530 Sat, 07 Apr 2012 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211977 The Tribunal upheld penalties imposed on a respondent-company and Director for clandestine removal of goods without duty payment. Despite the Commissioner (Appeals) annulling the penalties, the Tribunal reinstated them due to substantial shortages and the Director's admission. The Tribunal criticized the Appeals Commissioner for not considering the Director's admission statements. However, in line with a High Court decision, the Tribunal allowed the respondent-company to pay reduced penalties within a specified timeframe, setting aside the Appeals Commissioner's orders and restoring the original penalties. Case-Laws Central Excise Tue, 30 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211977