https://www.taxtmi.com/caselaws?id=212103 The appeals of M.M. Cylinders (P) Ltd. and GDR Cylinders (P) Ltd. were rejected, upholding the findings of inflated freight charges to evade excise duty. Penalties on Sri Mehala Transport and key individuals were reduced, while penalties on other individuals and the partner of SMT were set aside. The tribunal upheld penalties on the appellant companies for deliberate evasion but reduced the quantum considering the circumstances. The extended period of limitation for issuing show cause notices was deemed valid due to additional evidence gathered. en-us Tue, 06 Sep 2011 00:00:00 +0530 Thu, 12 Apr 2012 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212103 The appeals of M.M. Cylinders (P) Ltd. and GDR Cylinders (P) Ltd. were rejected, upholding the findings of inflated freight charges to evade excise duty. Penalties on Sri Mehala Transport and key individuals were reduced, while penalties on other individuals and the partner of SMT were set aside. The tribunal upheld penalties on the appellant companies for deliberate evasion but reduced the quantum considering the circumstances. The extended period of limitation for issuing show cause notices was deemed valid due to additional evidence gathered. Case-Laws Central Excise Tue, 06 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212103