https://www.taxtmi.com/caselaws?id=176695 The Tribunal upheld the demand of Central Excise duty on finished goods clandestinely removed by a 100% EOU, rejecting the argument for duty on raw materials. It also dismissed the demand for Customs duty on raw materials used in manufacturing finished goods, emphasizing that duty on raw materials cannot be imposed when duty is levied on the final product. The Tribunal upheld the penalty under Section 11AC of the Central Excise Act 1944, citing the necessity for mandatory penalties in cases involving extended periods of limitation and Section 11A ingredients. en-us Wed, 31 Dec 2014 00:00:00 +0530 Mon, 28 Dec 2015 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176695 The Tribunal upheld the demand of Central Excise duty on finished goods clandestinely removed by a 100% EOU, rejecting the argument for duty on raw materials. It also dismissed the demand for Customs duty on raw materials used in manufacturing finished goods, emphasizing that duty on raw materials cannot be imposed when duty is levied on the final product. The Tribunal upheld the penalty under Section 11AC of the Central Excise Act 1944, citing the necessity for mandatory penalties in cases involving extended periods of limitation and Section 11A ingredients. Case-Laws Central Excise Wed, 31 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176695