https://www.taxtmi.com/caselaws?id=366821 The Tribunal held that the appellant was liable to pay excise duty as the value of job work goods exceeded the threshold limit of 1 crore, making them ineligible for job work exemption notification. The penalty under section 11AC was reduced to 25% if paid within one month. The penalty on the director was upheld due to involvement in the company's affairs and non-payment of duty. The appeal of the company was partly allowed, while the director's appeal was dismissed. en-us Fri, 03 Aug 2018 00:00:00 +0530 Wed, 12 Sep 2018 09:41:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366821 The Tribunal held that the appellant was liable to pay excise duty as the value of job work goods exceeded the threshold limit of 1 crore, making them ineligible for job work exemption notification. The penalty under section 11AC was reduced to 25% if paid within one month. The penalty on the director was upheld due to involvement in the company's affairs and non-payment of duty. The appeal of the company was partly allowed, while the director's appeal was dismissed. Case-Laws Central Excise Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366821