https://www.taxtmi.com/caselaws?id=351952 The Tribunal partly allowed the appeal in a case involving non-payment of duty exceeding exemption limit, failure to reverse cenvat credit, and non-remittance of collected Central Excise Duty. While upholding the duty demand, penalties were imposed but later reduced to align with actual duty liability. The penalty on the Managing Director was dropped due to insufficient evidence of direct responsibility for non-payment of duty. The appellant rectified discrepancies promptly, leading to the reduction in penalties. The decision was rendered on 27/11/2017. en-us Mon, 27 Nov 2017 00:00:00 +0530 Fri, 29 Dec 2017 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351952 The Tribunal partly allowed the appeal in a case involving non-payment of duty exceeding exemption limit, failure to reverse cenvat credit, and non-remittance of collected Central Excise Duty. While upholding the duty demand, penalties were imposed but later reduced to align with actual duty liability. The penalty on the Managing Director was dropped due to insufficient evidence of direct responsibility for non-payment of duty. The appellant rectified discrepancies promptly, leading to the reduction in penalties. The decision was rendered on 27/11/2017. Case-Laws Central Excise Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351952