https://www.taxtmi.com/caselaws?id=31327 The Appellate Tribunal CESTAT, CHENNAI dismissed the appeal filed by M/s. Sivasakthi Textiles challenging duty demand, penalty, and confiscation of seized goods. The Tribunal upheld the decision of the Commissioner (Appeals) to allow benefit under Section 4(4)(d)(ii) but rejected arguments contesting penalty and interest imposition, citing post-amendment judgments indicating no absolution from penalty and interest even if duty evasion was rectified before the show cause notice issuance. The Tribunal found the seizure of goods and admission of clandestine clearance justified, leading to the affirmation of the duty demand, redemption fine, interest demand, and penalty imposition. en-us Fri, 11 Jul 2008 00:00:00 +0530 Mon, 27 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31327 The Appellate Tribunal CESTAT, CHENNAI dismissed the appeal filed by M/s. Sivasakthi Textiles challenging duty demand, penalty, and confiscation of seized goods. The Tribunal upheld the decision of the Commissioner (Appeals) to allow benefit under Section 4(4)(d)(ii) but rejected arguments contesting penalty and interest imposition, citing post-amendment judgments indicating no absolution from penalty and interest even if duty evasion was rectified before the show cause notice issuance. The Tribunal found the seizure of goods and admission of clandestine clearance justified, leading to the affirmation of the duty demand, redemption fine, interest demand, and penalty imposition. Case-Laws Central Excise Fri, 11 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31327