Appellant liable for excise duty on clandestine removal of goods; penalties set aside after physical stock audit.

Appellant liable for excise duty on clandestine removal of goods; penalties set aside after physical stock audit. https://www.taxtmi.com/highlights?id=25145 Duty demand - Clandestine removal of goods - Shortage of goods - appellant is liable for excise duty and it is restricted to actual shortage of 102.476 MTs found short during physical stock taking and the demand is upheld to that extent. Penalty is set aside. - AT en-us Tue, 06 Oct 2015 09:09:40 +0530 Tue, 06 Oct 2015 09:09:40 +0530 TaxTMI RSS Generator Appellant liable for excise duty on clandestine removal of goods; penalties set aside after physical stock audit. https://www.taxtmi.com/highlights?id=25145 Duty demand - Clandestine removal of goods - Shortage of goods - appellant is liable for excise duty and it is restricted to actual shortage of 102.476 MTs found short during physical stock taking and the demand is upheld to that extent. Penalty is set aside. - AT Highlights Central Excise Tue, 06 Oct 2015 09:09:40 +0530 https://www.taxtmi.com/highlights?id=25145