https://www.taxtmi.com/caselaws?id=249492 The Appellate Tribunal overturned penalties imposed on M/s. Tej International Pvt. Ltd. and its Director for stock transfer during factory shifting. The Tribunal found that the appellants had provided due intimation to the Revenue, allowing verification of goods, and since there were no discrepancies and no legal requirement for prior permission, the penalties were set aside. The decision highlighted the importance of informing the Revenue during operational changes like factory shifting, even though no prior permission was mandated. en-us Wed, 19 Feb 2014 00:00:00 +0530 Fri, 21 Nov 2014 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249492 The Appellate Tribunal overturned penalties imposed on M/s. Tej International Pvt. Ltd. and its Director for stock transfer during factory shifting. The Tribunal found that the appellants had provided due intimation to the Revenue, allowing verification of goods, and since there were no discrepancies and no legal requirement for prior permission, the penalties were set aside. The decision highlighted the importance of informing the Revenue during operational changes like factory shifting, even though no prior permission was mandated. Case-Laws Central Excise Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249492