https://www.taxtmi.com/caselaws?id=450495 The Tribunal set aside the impugned order and allowed the appeals by M/s Gem Synthetics & Polymer (I) Ltd, finding no justification for the demand, interest, and penalties imposed under Section 11A of the Central Excise Act, 1944, based on alleged excessive process loss. The Tribunal noted the absence of statutory provisions authorizing duty recovery solely due to inefficiency or process loss without evidence of clandestine removal. The appellant's arguments regarding the lack of sufficient evidence to support the duty liability and penalties were upheld, leading to the dismissal of the demands by the authorities. en-us Tue, 05 Mar 2024 00:00:00 +0530 Wed, 06 Mar 2024 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450495 The Tribunal set aside the impugned order and allowed the appeals by M/s Gem Synthetics & Polymer (I) Ltd, finding no justification for the demand, interest, and penalties imposed under Section 11A of the Central Excise Act, 1944, based on alleged excessive process loss. The Tribunal noted the absence of statutory provisions authorizing duty recovery solely due to inefficiency or process loss without evidence of clandestine removal. The appellant's arguments regarding the lack of sufficient evidence to support the duty liability and penalties were upheld, leading to the dismissal of the demands by the authorities. Case-Laws Central Excise Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450495