https://www.taxtmi.com/caselaws?id=261027 The Tribunal upheld penalties imposed on Directors and a company under Section 11AC of the Central Excise Act, 1944, for evasion of duty. The appellant's arguments against duty evasion allegations and penalties were rejected. Evidence indicated the involvement of the appellants and buyers in unaccounted clearances. The Tribunal dismissed the appeal, denying a reduction in the penalty under Section 11AC for the appellant, as they did not fully discharge the duty owed. en-us Sun, 15 Feb 2015 00:00:00 +0530 Tue, 30 Jun 2015 06:44:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261027 The Tribunal upheld penalties imposed on Directors and a company under Section 11AC of the Central Excise Act, 1944, for evasion of duty. The appellant's arguments against duty evasion allegations and penalties were rejected. Evidence indicated the involvement of the appellants and buyers in unaccounted clearances. The Tribunal dismissed the appeal, denying a reduction in the penalty under Section 11AC for the appellant, as they did not fully discharge the duty owed. Case-Laws Central Excise Sun, 15 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261027