https://www.taxtmi.com/caselaws?id=248258 The tribunal confirmed a duty demand of Rs. 59,00,94,013/- along with interest. The penalty under Section 11AC on the manufacturer was upheld, with a reduced amount due to penalties already paid. Penalties on officials were set aside as unsustainable in law. The extended period for demanding duty was upheld due to deliberate evasion of duty by reducing the transaction value of cars, with penalties imposed on the company under Central Excise Act provisions. en-us Tue, 25 Mar 2014 00:00:00 +0530 Wed, 10 Feb 2016 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248258 The tribunal confirmed a duty demand of Rs. 59,00,94,013/- along with interest. The penalty under Section 11AC on the manufacturer was upheld, with a reduced amount due to penalties already paid. Penalties on officials were set aside as unsustainable in law. The extended period for demanding duty was upheld due to deliberate evasion of duty by reducing the transaction value of cars, with penalties imposed on the company under Central Excise Act provisions. Case-Laws Central Excise Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248258