https://www.taxtmi.com/caselaws?id=175075 The Tribunal upheld the duty demand and interest under Section 11AB due to a shortage of goods found during stock verification, supported by evidence including the company manager's statement and mahazar. However, the penalty under Section 11AC was set aside as the shortage was not linked to clandestine removal but discovered during physical verification. The Tribunal's decision partially allowed the appeal by maintaining the duty demand and interest while overturning the penalty, emphasizing the absence of evidence for clandestine removal in this case. en-us Fri, 09 Jul 2010 00:00:00 +0530 Thu, 11 May 2017 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175075 The Tribunal upheld the duty demand and interest under Section 11AB due to a shortage of goods found during stock verification, supported by evidence including the company manager's statement and mahazar. However, the penalty under Section 11AC was set aside as the shortage was not linked to clandestine removal but discovered during physical verification. The Tribunal's decision partially allowed the appeal by maintaining the duty demand and interest while overturning the penalty, emphasizing the absence of evidence for clandestine removal in this case. Case-Laws Central Excise Fri, 09 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175075