https://www.taxtmi.com/caselaws?id=758588 The Appellate Tribunal CESTAT Kolkata addressed the clandestine clearance of 411 MT of Portland Cement without duty payment. The Tribunal confirmed the duty payment of Rs. 1,00,000/- by the appellant but overturned the penalty, citing timely payment and lack of stock taking. The order was modified to confirm the duty amount while partially allowing the appeals, emphasizing the significance of duty compliance and legal principles in penalty imposition. en-us Thu, 29 Aug 2024 00:00:00 +0530 Tue, 17 Sep 2024 08:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758588 The Appellate Tribunal CESTAT Kolkata addressed the clandestine clearance of 411 MT of Portland Cement without duty payment. The Tribunal confirmed the duty payment of Rs. 1,00,000/- by the appellant but overturned the penalty, citing timely payment and lack of stock taking. The order was modified to confirm the duty amount while partially allowing the appeals, emphasizing the significance of duty compliance and legal principles in penalty imposition. Case-Laws Central Excise Thu, 29 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758588