https://www.taxtmi.com/caselaws?id=336403 The Tribunal upheld the duty demand but deleted the penalty imposed by the Commissioner (Appeals) in a case involving a stock verification discrepancy and duty evasion allegation. The appellant's appeal was partially allowed as no evidence of clandestine removal was found, and the appellant had not disputed the stock valuation method earlier. The penalty reduction was overturned due to the absence of contumacious conduct or suppression by the appellant, granting the appellant consequential benefits as per the law. en-us Fri, 30 Sep 2016 00:00:00 +0530 Sun, 18 Dec 2016 23:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336403 The Tribunal upheld the duty demand but deleted the penalty imposed by the Commissioner (Appeals) in a case involving a stock verification discrepancy and duty evasion allegation. The appellant's appeal was partially allowed as no evidence of clandestine removal was found, and the appellant had not disputed the stock valuation method earlier. The penalty reduction was overturned due to the absence of contumacious conduct or suppression by the appellant, granting the appellant consequential benefits as per the law. Case-Laws Central Excise Fri, 30 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336403