https://www.taxtmi.com/caselaws?id=51138 Unretracted admissions by the authorised signatory, director and clerk established that processed fabrics were received, processed and removed outside statutory records without payment of duty, so the duty demand was supportable. Where clandestine removal is proved and no bona fide explanation is shown, the statutory penalty under Section 11AC need not be reduced and may be applied in full. The impugned order was sustained in full. en-us Wed, 13 Feb 2002 00:00:00 +0530 Thu, 23 Sep 2010 10:04:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51138 Unretracted admissions by the authorised signatory, director and clerk established that processed fabrics were received, processed and removed outside statutory records without payment of duty, so the duty demand was supportable. Where clandestine removal is proved and no bona fide explanation is shown, the statutory penalty under Section 11AC need not be reduced and may be applied in full. The impugned order was sustained in full. Case-Laws Central Excise Wed, 13 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51138