https://www.taxtmi.com/caselaws?id=364051 The Tribunal upheld the Commissioner's decision to confiscate excess stock of finished goods and impose penalties on the appellant company and its Director. The penalties were reduced to the Central Excise duty on the excess stock, and the demand for duty was upheld due to unrecorded stock clearance without payment. The Tribunal reduced one penalty to 50,000 but rejected the appeal against the duty demand. The decision was made on 27.03.2018. en-us Tue, 27 Mar 2018 00:00:00 +0530 Mon, 23 Jul 2018 08:11:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364051 The Tribunal upheld the Commissioner's decision to confiscate excess stock of finished goods and impose penalties on the appellant company and its Director. The penalties were reduced to the Central Excise duty on the excess stock, and the demand for duty was upheld due to unrecorded stock clearance without payment. The Tribunal reduced one penalty to 50,000 but rejected the appeal against the duty demand. The decision was made on 27.03.2018. Case-Laws Central Excise Tue, 27 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364051