https://www.taxtmi.com/caselaws?id=332717 The Tribunal allowed the Appeal to the extent of granting the Appellant the option of a reduced penalty under Section 11AC, provided it is paid along with the duty and interest demanded within one month from the receipt of the order. The Tribunal upheld the confirmation of duty and interest due to shortages of TMT bars during stock verification, as the Appellant admitted the shortages but failed to provide adequate explanations. en-us Tue, 06 Sep 2016 00:00:00 +0530 Thu, 15 Dec 2016 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332717 The Tribunal allowed the Appeal to the extent of granting the Appellant the option of a reduced penalty under Section 11AC, provided it is paid along with the duty and interest demanded within one month from the receipt of the order. The Tribunal upheld the confirmation of duty and interest due to shortages of TMT bars during stock verification, as the Appellant admitted the shortages but failed to provide adequate explanations. Case-Laws Central Excise Tue, 06 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332717