https://www.taxtmi.com/caselaws?id=381299 The Appellate Tribunal CESTAT Ahmedabad allowed the appeals, overturning penalties imposed on a manufacturer of excisable goods for shortages found during stock taking. The tribunal found no evidence of clandestine removal, setting aside penalties under Section 11AC. As the appellant admitted and paid duty on the shortages, penalties on individuals and redemption fine were also revoked. The decision was based on precedents and a tribunal ruling with similar circumstances, emphasizing the absence of proof for clandestine removal and the inappropriate nature of confiscation and redemption fine due to shortages. en-us Fri, 10 May 2019 00:00:00 +0530 Sat, 08 Jun 2019 07:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381299 The Appellate Tribunal CESTAT Ahmedabad allowed the appeals, overturning penalties imposed on a manufacturer of excisable goods for shortages found during stock taking. The tribunal found no evidence of clandestine removal, setting aside penalties under Section 11AC. As the appellant admitted and paid duty on the shortages, penalties on individuals and redemption fine were also revoked. The decision was based on precedents and a tribunal ruling with similar circumstances, emphasizing the absence of proof for clandestine removal and the inappropriate nature of confiscation and redemption fine due to shortages. Case-Laws Central Excise Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381299