https://www.taxtmi.com/caselaws?id=329120 The Tribunal allowed the appeal, setting aside the duty demands on finished goods, capital goods, and inputs as the appellant did not physically remove these items upon transferring the Chain Division. The imposition of the penalty under Section 11AC was deemed unsustainable as the transfer and procedural changes were duly informed and approved by the department. The only upheld demand was for duty on LPG cleared by the appellant to the new company. en-us Wed, 15 Jun 2016 00:00:00 +0530 Wed, 04 Jan 2017 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329120 The Tribunal allowed the appeal, setting aside the duty demands on finished goods, capital goods, and inputs as the appellant did not physically remove these items upon transferring the Chain Division. The imposition of the penalty under Section 11AC was deemed unsustainable as the transfer and procedural changes were duly informed and approved by the department. The only upheld demand was for duty on LPG cleared by the appellant to the new company. Case-Laws Central Excise Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329120