https://www.taxtmi.com/caselaws?id=261499 The Tribunal upheld the duty demand of Rs. 16,57,293/- for the period from 01.04.2004 to 26.10.2004 along with interest and equivalent penalty. However, the duty demand of Rs. 26,12,951/- for the period from 01.04.2001 to 31.03.2004 was set aside. The penalty on the Director was reduced to Rs. 10,000. The appeals filed by the appellant company and its Director were partly allowed, while the appeal filed by the Revenue was dismissed. en-us Thu, 25 Jun 2015 00:00:00 +0530 Fri, 12 Feb 2016 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261499 The Tribunal upheld the duty demand of Rs. 16,57,293/- for the period from 01.04.2004 to 26.10.2004 along with interest and equivalent penalty. However, the duty demand of Rs. 26,12,951/- for the period from 01.04.2001 to 31.03.2004 was set aside. The penalty on the Director was reduced to Rs. 10,000. The appeals filed by the appellant company and its Director were partly allowed, while the appeal filed by the Revenue was dismissed. Case-Laws Central Excise Thu, 25 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261499