https://www.taxtmi.com/caselaws?id=437938 The tribunal confirmed that Appellant 1 clandestinely manufactured and removed MnO without proper invoices and payment of duty. The extended period of limitation was upheld due to deliberate suppression of facts. Interest under Section 11AB is recoverable, and penalties were imposed on Appellant 1 and Appellant 2 for involvement in the clandestine activities. Appellant 3, as the director responsible for both, also faced penalties. The appeals by Appellant 2 and Appellant 3 were dismissed, while Appellant 1's appeal was partly allowed by setting aside one penalty. The importance of compliance with statutory requirements was emphasized to avoid penalties and extended limitations. en-us Wed, 03 May 2023 00:00:00 +0530 Wed, 17 May 2023 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437938 The tribunal confirmed that Appellant 1 clandestinely manufactured and removed MnO without proper invoices and payment of duty. The extended period of limitation was upheld due to deliberate suppression of facts. Interest under Section 11AB is recoverable, and penalties were imposed on Appellant 1 and Appellant 2 for involvement in the clandestine activities. Appellant 3, as the director responsible for both, also faced penalties. The appeals by Appellant 2 and Appellant 3 were dismissed, while Appellant 1's appeal was partly allowed by setting aside one penalty. The importance of compliance with statutory requirements was emphasized to avoid penalties and extended limitations. Case-Laws Central Excise Wed, 03 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437938