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    <title>2002 (1) TMI 120 - CEGAT, KOLKATA</title>
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    <description>The appellate tribunal upheld the duty demand against the appellants engaged in manufacturing electric fans due to evidence of clandestine removal supported by entries in a seized note book and statements. The penalty amount was reduced from Rs. 26,73,583 to Rs. 10,00,000, and the redemption fine was decreased to Rs. 10,000 based on the use of the same vehicle for transporting goods without duty. The interest under Section 11AB was waived considering the case&#039;s timeline. The decision highlighted the significance of record-keeping and adherence to excise laws.</description>
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    <pubDate>Mon, 14 Jan 2002 00:00:00 +0530</pubDate>
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      <title>2002 (1) TMI 120 - CEGAT, KOLKATA</title>
      <link>https://www.taxtmi.com/caselaws?id=51104</link>
      <description>The appellate tribunal upheld the duty demand against the appellants engaged in manufacturing electric fans due to evidence of clandestine removal supported by entries in a seized note book and statements. The penalty amount was reduced from Rs. 26,73,583 to Rs. 10,00,000, and the redemption fine was decreased to Rs. 10,000 based on the use of the same vehicle for transporting goods without duty. The interest under Section 11AB was waived considering the case&#039;s timeline. The decision highlighted the significance of record-keeping and adherence to excise laws.</description>
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      <pubDate>Mon, 14 Jan 2002 00:00:00 +0530</pubDate>
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