https://www.taxtmi.com/caselaws?id=50032 The duty demand on clandestine removal of goods by M/s. Euro Cotspin Ltd. was contested, leading to a revised duty payable of Rs. 33,43,583.56. Penalties were reduced for the company but confirmed for the Managing Director due to serious breach of trust. The appeal of M/s. Euro Cotspin Ltd. was allowed with duty and penalty reductions, while the appeal of Mr. J.C. Khandelwal was rejected, affirming the penalty imposed on him. en-us Tue, 05 Dec 2000 00:00:00 +0530 Thu, 19 Aug 2010 13:04:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50032 The duty demand on clandestine removal of goods by M/s. Euro Cotspin Ltd. was contested, leading to a revised duty payable of Rs. 33,43,583.56. Penalties were reduced for the company but confirmed for the Managing Director due to serious breach of trust. The appeal of M/s. Euro Cotspin Ltd. was allowed with duty and penalty reductions, while the appeal of Mr. J.C. Khandelwal was rejected, affirming the penalty imposed on him. Case-Laws Central Excise Tue, 05 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50032