https://www.taxtmi.com/caselaws?id=244889 The Tribunal upheld the duty demand, reduced penalties to 25% of duty if paid within 30 days, upheld confiscation of goods, and reduced the redemption fine. The penalty on the Managing Director was also upheld, concluding the appeal proceedings. The judgment addressed excess stock detection, clandestine removal allegations, confiscation of goods, and penalties imposed, providing detailed analysis of evidence and legal arguments, resulting in a balanced decision confirming duty demand and penalties with some reductions under specific conditions. en-us Mon, 06 May 2013 00:00:00 +0530 Wed, 12 Mar 2014 07:00:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244889 The Tribunal upheld the duty demand, reduced penalties to 25% of duty if paid within 30 days, upheld confiscation of goods, and reduced the redemption fine. The penalty on the Managing Director was also upheld, concluding the appeal proceedings. The judgment addressed excess stock detection, clandestine removal allegations, confiscation of goods, and penalties imposed, providing detailed analysis of evidence and legal arguments, resulting in a balanced decision confirming duty demand and penalties with some reductions under specific conditions. Case-Laws Central Excise Mon, 06 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244889