https://www.taxtmi.com/caselaws?id=356744 The Tribunal confirmed the demand of duty on clandestine removal of goods by the Assessee, a company engaged in Sponge Iron manufacturing. Penalties imposed on the Assessee and its Director were set aside due to insufficient evidence against the Director, who cooperated with the investigation. Despite lapses in the investigation, the duty demand was upheld, and penalties under Section 11AC were invoked. The Tribunal modified the Adjudication Order, confirming the duty demand with interest, considering the duty already paid by the Assessee, and dismissing the appeal against the Director while upholding penalties against the Assessee. en-us Fri, 12 Jan 2018 00:00:00 +0530 Mon, 12 Mar 2018 05:43:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356744 The Tribunal confirmed the demand of duty on clandestine removal of goods by the Assessee, a company engaged in Sponge Iron manufacturing. Penalties imposed on the Assessee and its Director were set aside due to insufficient evidence against the Director, who cooperated with the investigation. Despite lapses in the investigation, the duty demand was upheld, and penalties under Section 11AC were invoked. The Tribunal modified the Adjudication Order, confirming the duty demand with interest, considering the duty already paid by the Assessee, and dismissing the appeal against the Director while upholding penalties against the Assessee. Case-Laws Central Excise Fri, 12 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356744