https://www.taxtmi.com/caselaws?id=255466 The Tribunal upheld the duty demand, penalty, and interest for the period 2005-08 against the appellant company, directors, and commission agent. Finding incriminating evidence of clandestine removal of goods and collusion among the parties, the Tribunal rejected the appellant's arguments of lack of direct evidence and criticized reliance on third-party records. The Tribunal emphasized the importance of cross-examination rights and directed the appellant to deposit a specified amount within a set timeframe to avoid further penalties. Penalties imposed on directors varied based on their roles and involvement in the evasion scheme, considering the company's financial status and nature of activities. en-us Wed, 22 Jan 2014 00:00:00 +0530 Sat, 17 Jan 2015 10:17:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255466 The Tribunal upheld the duty demand, penalty, and interest for the period 2005-08 against the appellant company, directors, and commission agent. Finding incriminating evidence of clandestine removal of goods and collusion among the parties, the Tribunal rejected the appellant's arguments of lack of direct evidence and criticized reliance on third-party records. The Tribunal emphasized the importance of cross-examination rights and directed the appellant to deposit a specified amount within a set timeframe to avoid further penalties. Penalties imposed on directors varied based on their roles and involvement in the evasion scheme, considering the company's financial status and nature of activities. Case-Laws Central Excise Wed, 22 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255466