https://www.taxtmi.com/caselaws?id=364614 The Tribunal confirmed a Central Excise Duty demand of Rs. 13,02,885, reducing the initial demand of Rs. 34,89,665 due to discrepancies in recorded manufacture and alleged clandestine supply. The penalty of Rs. 13 lakhs imposed under Rule 26 of Central Excise Rules, 2002, was set aside as no confiscation of goods occurred. A penalty of Rs. 6,19,602 under Section 11AC was imposed, with the appellant given the option to pay 25% within 30 days. The Tribunal granted a reduced penalty based on compliance with statutory limitations and set aside the remaining demand and personal penalty under Rule 26. Allegations of clandestine supply lacked sufficient evidence beyond inspection certificates. en-us Fri, 13 Jul 2018 00:00:00 +0530 Thu, 02 Aug 2018 07:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364614 The Tribunal confirmed a Central Excise Duty demand of Rs. 13,02,885, reducing the initial demand of Rs. 34,89,665 due to discrepancies in recorded manufacture and alleged clandestine supply. The penalty of Rs. 13 lakhs imposed under Rule 26 of Central Excise Rules, 2002, was set aside as no confiscation of goods occurred. A penalty of Rs. 6,19,602 under Section 11AC was imposed, with the appellant given the option to pay 25% within 30 days. The Tribunal granted a reduced penalty based on compliance with statutory limitations and set aside the remaining demand and personal penalty under Rule 26. Allegations of clandestine supply lacked sufficient evidence beyond inspection certificates. Case-Laws Central Excise Fri, 13 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364614