https://www.taxtmi.com/caselaws?id=52545 Admitted differential export weight, unretracted statements, and corroborative records supported duty on clandestine removal, and the demands for undervaluation of anodized goods and unexplained short-found stock were upheld. The die-charge demand was sustained in principle but required requantification to exclude any amount already credited back to customers. Interest under Section 11AB was confined to the period after 28-9-1996, the Section 11AC penalty was reduced, the Rule 173Q penalty was set aside, and the personal penalty on the Managing Director under Rule 209A was cancelled for lack of proof of the requisite knowledge or belief. en-us Mon, 22 Dec 2003 00:00:00 +0530 Wed, 06 Oct 2010 14:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52545 Admitted differential export weight, unretracted statements, and corroborative records supported duty on clandestine removal, and the demands for undervaluation of anodized goods and unexplained short-found stock were upheld. The die-charge demand was sustained in principle but required requantification to exclude any amount already credited back to customers. Interest under Section 11AB was confined to the period after 28-9-1996, the Section 11AC penalty was reduced, the Rule 173Q penalty was set aside, and the personal penalty on the Managing Director under Rule 209A was cancelled for lack of proof of the requisite knowledge or belief. Case-Laws Central Excise Mon, 22 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52545