https://www.taxtmi.com/caselaws?id=757867 CESTAT New Delhi dismissed the appeal in a clandestine removal case. The appellant violated Central Excise Rules 2002 by not recording production of finished goods found short during physical verification and not determining duty on shortage. The Adjudicating Authority correctly imposed mandatory penalty under Section 11AC(1)(a) for stock shortage that would have remained undetected without departmental investigation, causing revenue loss. The tribunal relied on SC precedent in Punjab Tractors Ltd. and affirmed penalty imposition for rule violations. en-us Mon, 02 Sep 2024 00:00:00 +0530 Tue, 03 Sep 2024 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757867 CESTAT New Delhi dismissed the appeal in a clandestine removal case. The appellant violated Central Excise Rules 2002 by not recording production of finished goods found short during physical verification and not determining duty on shortage. The Adjudicating Authority correctly imposed mandatory penalty under Section 11AC(1)(a) for stock shortage that would have remained undetected without departmental investigation, causing revenue loss. The tribunal relied on SC precedent in Punjab Tractors Ltd. and affirmed penalty imposition for rule violations. Case-Laws Central Excise Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757867