https://www.taxtmi.com/caselaws?id=249150 The Appellate Tribunal CESTAT New Delhi confirmed duty demand of Rs. 74,14,748 against the appellant for alleged clandestine removal of air conditioners during 1995-96. A penalty of Rs. 2,58,000 was imposed for the subsequent period of 1996-97 due to denial of duty free clearances. The matter was remanded for a correct assessment of duty liability, citing discrepancies in the calculation of air conditioners removed without duty payment. The Tribunal stressed the importance of thorough record review to determine accurate duty liability in cases of alleged clandestine removal. en-us Fri, 06 Sep 2013 00:00:00 +0530 Sat, 05 Jul 2014 11:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249150 The Appellate Tribunal CESTAT New Delhi confirmed duty demand of Rs. 74,14,748 against the appellant for alleged clandestine removal of air conditioners during 1995-96. A penalty of Rs. 2,58,000 was imposed for the subsequent period of 1996-97 due to denial of duty free clearances. The matter was remanded for a correct assessment of duty liability, citing discrepancies in the calculation of air conditioners removed without duty payment. The Tribunal stressed the importance of thorough record review to determine accurate duty liability in cases of alleged clandestine removal. Case-Laws Central Excise Fri, 06 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249150