https://www.taxtmi.com/caselaws?id=387926 The Tribunal upheld the allegation of undervaluation of goods based on the principle of preponderance of probability and corroborative evidence. However, it found the methodology for quantifying the duty evaded was not sustainable and remanded the case for re-quantification based on transaction value. The appeal for imposing a penalty on the Managing Partner was rejected. en-us Fri, 01 Nov 2019 00:00:00 +0530 Tue, 05 Nov 2019 10:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387926 The Tribunal upheld the allegation of undervaluation of goods based on the principle of preponderance of probability and corroborative evidence. However, it found the methodology for quantifying the duty evaded was not sustainable and remanded the case for re-quantification based on transaction value. The appeal for imposing a penalty on the Managing Partner was rejected. Case-Laws Central Excise Fri, 01 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387926