https://www.taxtmi.com/caselaws?id=174896 The Tribunal reinstated the penalty on the firm for the shortage of glass bowls and upheld the penalty on the authorized signatory for removal of goods without duty payment. The signatory's admission, lack of retraction, and subsequent duty payment indicated involvement in the removal. The Tribunal disagreed with the Commissioner (Appeals) on the corroboration requirement and penalty waiver due to early duty payment, finding the signatory lacked evidence of intent to evade duty. The firm was given the option to pay a reduced penalty amount within 30 days. en-us Thu, 22 Jul 2010 00:00:00 +0530 Tue, 27 Oct 2015 18:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174896 The Tribunal reinstated the penalty on the firm for the shortage of glass bowls and upheld the penalty on the authorized signatory for removal of goods without duty payment. The signatory's admission, lack of retraction, and subsequent duty payment indicated involvement in the removal. The Tribunal disagreed with the Commissioner (Appeals) on the corroboration requirement and penalty waiver due to early duty payment, finding the signatory lacked evidence of intent to evade duty. The firm was given the option to pay a reduced penalty amount within 30 days. Case-Laws Central Excise Thu, 22 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174896