https://www.taxtmi.com/caselaws?id=197791 The High Court upheld the quashing of the Order-in-Appeal due to finished stock shortage detected within the premises. The penalty imposed on the assessee was increased to Rs. 16,383, equivalent to the duty involved on the goods seized from the intercepted truck, in accordance with legal precedents. The appeal was disposed of, affirming the assessee's liability to pay the penalty determined by the Court. en-us Tue, 16 Mar 2010 00:00:00 +0530 Tue, 16 Jan 2018 10:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197791 The High Court upheld the quashing of the Order-in-Appeal due to finished stock shortage detected within the premises. The penalty imposed on the assessee was increased to Rs. 16,383, equivalent to the duty involved on the goods seized from the intercepted truck, in accordance with legal precedents. The appeal was disposed of, affirming the assessee's liability to pay the penalty determined by the Court. Case-Laws Central Excise Tue, 16 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197791