https://www.taxtmi.com/caselaws?id=2545 The High Court analyzed the quantification of Excise Duty in an appeal, emphasizing the application of prescribed rates based on the quantity/value of goods. The Tribunal's decision to calculate duty based only on estimated clandestinely received cement bags was upheld, reducing the duty demand. The Court clarified that appeals solely challenging arithmetical calculations cannot be entertained. Regarding penalties, the Court noted the liability under Section 11AC of the Central Excise Act, reducing the penalty amount to Rs. 1,50,000. As the penalty was less than the duty demand, the appeal was dismissed for lack of legal questions beyond quantification issues. en-us Wed, 17 Jan 2007 00:00:00 +0530 Wed, 16 Apr 2008 08:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2545 The High Court analyzed the quantification of Excise Duty in an appeal, emphasizing the application of prescribed rates based on the quantity/value of goods. The Tribunal's decision to calculate duty based only on estimated clandestinely received cement bags was upheld, reducing the duty demand. The Court clarified that appeals solely challenging arithmetical calculations cannot be entertained. Regarding penalties, the Court noted the liability under Section 11AC of the Central Excise Act, reducing the penalty amount to Rs. 1,50,000. As the penalty was less than the duty demand, the appeal was dismissed for lack of legal questions beyond quantification issues. Case-Laws Central Excise Wed, 17 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2545