https://www.taxtmi.com/caselaws?id=54562 The Tribunal upheld duty demand in a case involving Bulk Drugs production, emphasizing the Factory Manager's responsibility for ensuring appropriate duty payment on goods produced and cleared. Disallowance of Modvat credit on inputs was upheld, focusing on duty demand discrepancies. The penalty under Section 11AC of the Central Excise Act imposed on the Factory Manager was affirmed, highlighting the importance of compliance with excise regulations and accurate record-keeping to avoid duty evasion allegations. The Tribunal's decision underscored the accountability of key personnel in manufacturing processes for duty payment and regulatory compliance. en-us Fri, 16 Sep 2005 00:00:00 +0530 Wed, 20 Oct 2010 18:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54562 The Tribunal upheld duty demand in a case involving Bulk Drugs production, emphasizing the Factory Manager's responsibility for ensuring appropriate duty payment on goods produced and cleared. Disallowance of Modvat credit on inputs was upheld, focusing on duty demand discrepancies. The penalty under Section 11AC of the Central Excise Act imposed on the Factory Manager was affirmed, highlighting the importance of compliance with excise regulations and accurate record-keeping to avoid duty evasion allegations. The Tribunal's decision underscored the accountability of key personnel in manufacturing processes for duty payment and regulatory compliance. Case-Laws Central Excise Fri, 16 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54562