https://www.taxtmi.com/caselaws?id=217931 The Tribunal confirmed a demand of Rs. 2,82,11,437 with interest and imposed penalties on a company for alleged clandestine clearance of henna products without duty payment. A penalty of Rs. 50 lakhs was also imposed on the company's director. The dispute centered on the correct classification of products for duty payment, with the Tribunal upholding the Revenue's classification under Chapter 33 based on the products' intended use for hair coloring. The company was directed to make specified deposits while the remaining financial obligations, interest, and penalties were stayed pending appeal. en-us Fri, 24 Feb 2012 00:00:00 +0530 Tue, 30 Oct 2012 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217931 The Tribunal confirmed a demand of Rs. 2,82,11,437 with interest and imposed penalties on a company for alleged clandestine clearance of henna products without duty payment. A penalty of Rs. 50 lakhs was also imposed on the company's director. The dispute centered on the correct classification of products for duty payment, with the Tribunal upholding the Revenue's classification under Chapter 33 based on the products' intended use for hair coloring. The company was directed to make specified deposits while the remaining financial obligations, interest, and penalties were stayed pending appeal. Case-Laws Central Excise Fri, 24 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217931