https://www.taxtmi.com/caselaws?id=288134 The Tribunal upheld the duty demand confirmation, confiscation of excess finished goods, and penalty imposition against M/s. Kanodia Technoplast Pvt. Ltd. The Appellants' arguments regarding daily production and shortage of PET films were deemed unsubstantiated. The Tribunal reduced the redemption fine but confirmed the duty demand and imposed a penalty based on a Supreme Court ruling emphasizing penalty liability regardless of duty payment timing. The Appeal was disposed of with the mentioned penalty upheld, maintaining duty confirmation and goods confiscation. en-us Thu, 17 Jun 2004 00:00:00 +0530 Thu, 21 May 2020 15:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288134 The Tribunal upheld the duty demand confirmation, confiscation of excess finished goods, and penalty imposition against M/s. Kanodia Technoplast Pvt. Ltd. The Appellants' arguments regarding daily production and shortage of PET films were deemed unsubstantiated. The Tribunal reduced the redemption fine but confirmed the duty demand and imposed a penalty based on a Supreme Court ruling emphasizing penalty liability regardless of duty payment timing. The Appeal was disposed of with the mentioned penalty upheld, maintaining duty confirmation and goods confiscation. Case-Laws Central Excise Thu, 17 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288134