https://www.taxtmi.com/caselaws?id=50630 The appeal was filed against the Commissioner's decision confirming a duty demand of Rs. 39,17,983 and imposing a penalty under Section 11AC of the Central Excise Act. The Tribunal upheld the duty confirmation but set aside the penalty due to its retrospective application, emphasizing the importance of aligning penalties with relevant statutory provisions during the offense period. The case focused on the validity of worker-prepared hand-books and statements in determining production levels, with the Tribunal emphasizing the significance of the Managing Director's signatures on the hand-books. en-us Fri, 17 Aug 2001 00:00:00 +0530 Wed, 25 Aug 2010 10:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50630 The appeal was filed against the Commissioner's decision confirming a duty demand of Rs. 39,17,983 and imposing a penalty under Section 11AC of the Central Excise Act. The Tribunal upheld the duty confirmation but set aside the penalty due to its retrospective application, emphasizing the importance of aligning penalties with relevant statutory provisions during the offense period. The case focused on the validity of worker-prepared hand-books and statements in determining production levels, with the Tribunal emphasizing the significance of the Managing Director's signatures on the hand-books. Case-Laws Central Excise Fri, 17 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50630