TaxTMI 
TaxTMI 
2014 (12) TMI 738
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....e Respondent : S.S.C.,B.K.S. Raghuvanshi,Vinod Kant Srivastava ORDER We have heard Sri A.P.Mathur on the review application. We find that after hearing the learned counsel for the parties we had passed the operative portion of the order and thereafter a detailed order of the same date was passed. The Review application has been filed against the operative portion of the order and not against th....
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.... justified in restoring the penalty?" The brief facts of the case are that the assessee's company is engaged in the manufacturing of Organic Composite Solvent chargeable to Central Excise Duty. On 01.08.2006, the preventive officers of the Central Excise Division, Kanpur visited the factory premises of the assessee. They verified the stocks and accounts of the assesse's ....
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....in the stock of raw material's account. Since the appellant has already paid the central excise duty thereon in the year 2006, so no penalty is leviable. For this purpose, he readout Section-11A of the Central Excise Act, 1944. According to learned counsel, in terms of Section -11A(2B) where any duty of excise has not been levied or paid or has been short levied or short paid or erroneou....
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....hand, learned counsel for the department had justified the impugned order. We heard both the parties at length and gone through the materials available on record. From the record, it appears that there was a huge shortage of finished goods for which no explanation was offered by the appellant at the time of stock checking. It means that the appellant had admitted the shortage and paid the d....