https://www.taxtmi.com/caselaws?id=190424 The tribunal dismissed the Revenue's appeal, upholding the Order-in-Appeal that did not impose a penalty on the Director of M/s. Ganpati Ispat despite a demand for excise duty due to clandestine clearance. The payments made by M/s. Ganpati Ispat within 30 days of the show cause notice, including duty, interest, and 25% of the mandatory penalty, led to the conclusion of proceedings against the appellant as per Section 11A(1A) of the Central Excise Act, 1944. The tribunal affirmed that no further notice was required, and the proceedings were deemed concluded based on the timely payments. en-us Thu, 28 Jan 2016 00:00:00 +0530 Tue, 14 Feb 2017 21:24:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190424 The tribunal dismissed the Revenue's appeal, upholding the Order-in-Appeal that did not impose a penalty on the Director of M/s. Ganpati Ispat despite a demand for excise duty due to clandestine clearance. The payments made by M/s. Ganpati Ispat within 30 days of the show cause notice, including duty, interest, and 25% of the mandatory penalty, led to the conclusion of proceedings against the appellant as per Section 11A(1A) of the Central Excise Act, 1944. The tribunal affirmed that no further notice was required, and the proceedings were deemed concluded based on the timely payments. Case-Laws Central Excise Thu, 28 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190424