https://www.taxtmi.com/caselaws?id=340043 The Appellate Tribunal set aside the order confirming Central Excise duty, interest, and penalty imposed on the appellant company and its Director. The Tribunal held that the demand for duty was not sustainable based on discrepancies in electricity consumption records and lack of concrete evidence of clandestine removal of M.S. Ingots. The penalties imposed were also overturned, and the appeal was allowed in favor of the appellant. en-us Fri, 27 Jan 2017 00:00:00 +0530 Tue, 14 Mar 2017 14:15:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340043 The Appellate Tribunal set aside the order confirming Central Excise duty, interest, and penalty imposed on the appellant company and its Director. The Tribunal held that the demand for duty was not sustainable based on discrepancies in electricity consumption records and lack of concrete evidence of clandestine removal of M.S. Ingots. The penalties imposed were also overturned, and the appeal was allowed in favor of the appellant. Case-Laws Central Excise Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340043