https://www.taxtmi.com/caselaws?id=359385 The appellate tribunal set aside the confiscation of goods seized for alleged clandestine removal by M/s. Shivaji Industries and M/s. Sippy Auto Manufacturing Company due to lack of evidence and the goods being within the exemption limit. While upholding the imposition of penalties, the tribunal reduced the amounts considering the circumstances, distinguishing the liability between the manufacturing and trading units. The appeal was rejected, but modifications were made to the quantum of redemption fines and penalties based on evidence, admissions, and statutory limits. en-us Wed, 25 Apr 2018 00:00:00 +0530 Fri, 27 Apr 2018 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359385 The appellate tribunal set aside the confiscation of goods seized for alleged clandestine removal by M/s. Shivaji Industries and M/s. Sippy Auto Manufacturing Company due to lack of evidence and the goods being within the exemption limit. While upholding the imposition of penalties, the tribunal reduced the amounts considering the circumstances, distinguishing the liability between the manufacturing and trading units. The appeal was rejected, but modifications were made to the quantum of redemption fines and penalties based on evidence, admissions, and statutory limits. Case-Laws Central Excise Wed, 25 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359385