https://www.taxtmi.com/caselaws?id=340496 The Tribunal upheld the decision confirming duty liability on M/s Mittal Overseas for clandestine removal of goods and on M/s A.S. Overseas for wrongful availment of Modvat/Cenvat credit. Shri Sandeep Mittal was found to be the mastermind behind the evasion and was penalized, with the penalty reduced from Rs. 10,00,000 to Rs. 1,00,000 considering the circumstances. The appeals by the companies were rejected, while Shri Sandeep Mittal's appeal was partly allowed with a reduced penalty. en-us Fri, 03 Mar 2017 00:00:00 +0530 Thu, 13 Apr 2017 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340496 The Tribunal upheld the decision confirming duty liability on M/s Mittal Overseas for clandestine removal of goods and on M/s A.S. Overseas for wrongful availment of Modvat/Cenvat credit. Shri Sandeep Mittal was found to be the mastermind behind the evasion and was penalized, with the penalty reduced from Rs. 10,00,000 to Rs. 1,00,000 considering the circumstances. The appeals by the companies were rejected, while Shri Sandeep Mittal's appeal was partly allowed with a reduced penalty. Case-Laws Central Excise Fri, 03 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340496