https://www.taxtmi.com/caselaws?id=383475 The tribunal upheld the demand and penalties against Fancy Bag Industries and Manoj Mehta for central excise duty violations, noting Manoj Mehta's involvement in clandestine activities. However, the penalty on Nikita Plast was dropped as they were found unaware of the illegal actions. The freezing of Nikita Plast's bank account was deemed unjustified due to lack of evidence linking it to the unlawful transactions. Consequently, the tribunal dismissed appeals by Fancy Bag Industries and Manoj Mehta but allowed Nikita Plast's appeal, ordering the release of their bank account. en-us Fri, 19 Jul 2019 00:00:00 +0530 Thu, 25 Jul 2019 06:50:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383475 The tribunal upheld the demand and penalties against Fancy Bag Industries and Manoj Mehta for central excise duty violations, noting Manoj Mehta's involvement in clandestine activities. However, the penalty on Nikita Plast was dropped as they were found unaware of the illegal actions. The freezing of Nikita Plast's bank account was deemed unjustified due to lack of evidence linking it to the unlawful transactions. Consequently, the tribunal dismissed appeals by Fancy Bag Industries and Manoj Mehta but allowed Nikita Plast's appeal, ordering the release of their bank account. Case-Laws Central Excise Fri, 19 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383475