Confectionery Manufacturer Avoids Penalty Due to SSI Exemption; No Evidence of Duty Evasion Found by Authorities.

Confectionery Manufacturer Avoids Penalty Due to SSI Exemption; No Evidence of Duty Evasion Found by Authorities. https://www.taxtmi.com/highlights?id=65631 Clandestine Removal - Confectionery Items - this manufacturer was availing SSI exemption benefit due to which there was no necessity to prepare the statutory records. The department had put no effort to examine the computerized records. There is no evidence even about any cash flow which may prove the element of any mens rea / bad intention to evade the duty, question of imposition of penalty does not at all arise. - AT en-us Thu, 15 Sep 2022 11:50:12 +0530 Thu, 15 Sep 2022 11:50:12 +0530 TaxTMI RSS Generator Confectionery Manufacturer Avoids Penalty Due to SSI Exemption; No Evidence of Duty Evasion Found by Authorities. https://www.taxtmi.com/highlights?id=65631 Clandestine Removal - Confectionery Items - this manufacturer was availing SSI exemption benefit due to which there was no necessity to prepare the statutory records. The department had put no effort to examine the computerized records. There is no evidence even about any cash flow which may prove the element of any mens rea / bad intention to evade the duty, question of imposition of penalty does not at all arise. - AT Highlights Central Excise Thu, 15 Sep 2022 11:50:12 +0530 https://www.taxtmi.com/highlights?id=65631