https://www.taxtmi.com/caselaws?id=342908 The Tribunal dismissed the appeals by the company and two individuals challenging the recovery of duty and penalties imposed for alleged illicit removal of goods. The Tribunal found the Show Cause Notice to be valid, distinct from previous issues, and upheld the penalties based on evidence of involvement in fraudulent transactions. However, the penalty on one individual was partially allowed, reducing it to Rs. 50,000 due to his reduced role in the offense. The decision was rendered on 07.04.2017, concluding the case. en-us Fri, 07 Apr 2017 00:00:00 +0530 Mon, 15 May 2017 05:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342908 The Tribunal dismissed the appeals by the company and two individuals challenging the recovery of duty and penalties imposed for alleged illicit removal of goods. The Tribunal found the Show Cause Notice to be valid, distinct from previous issues, and upheld the penalties based on evidence of involvement in fraudulent transactions. However, the penalty on one individual was partially allowed, reducing it to Rs. 50,000 due to his reduced role in the offense. The decision was rendered on 07.04.2017, concluding the case. Case-Laws Central Excise Fri, 07 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342908