https://www.taxtmi.com/caselaws?id=271546 The Tribunal upheld the duty liability, interest, and penalty imposed on the Director for his involvement in the clandestine removal of goods. The penalty was upheld despite the payment of duty liability and interest before the show-cause notice. The duty liability was recalculated based on the cum-duty value, which had already been paid by the Appellant. The penalty imposed under Section 11AC was equated to the re-quantified duty amount. The appeals were rejected, with the only modification being the reworking of the duty demand based on the cum-duty value. en-us Thu, 19 Nov 2015 00:00:00 +0530 Tue, 09 Feb 2016 10:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271546 The Tribunal upheld the duty liability, interest, and penalty imposed on the Director for his involvement in the clandestine removal of goods. The penalty was upheld despite the payment of duty liability and interest before the show-cause notice. The duty liability was recalculated based on the cum-duty value, which had already been paid by the Appellant. The penalty imposed under Section 11AC was equated to the re-quantified duty amount. The appeals were rejected, with the only modification being the reworking of the duty demand based on the cum-duty value. Case-Laws Central Excise Thu, 19 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271546