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2007 (3) TMI 403 - SUPREME COURTClandestine removal – Penalty - 100% EOU - Clandestine removal without showing in the books of accounts were sold in the domestic tariff area in excess of the permissible limit without getting sanction from the concerned authority - evasion of duty by the assessee - Penalty was also imposed on the Managing Director of the assessee Company - Order of the Tribunal does not record reasons in support of the conclusion arrived at - assessee states that he will not be able to support the order passed by the Tribunal and prays that the same be set aside and the case be remitted back to the Tribunal – Held that:- Order is set aside and case is remitted back to the Tribunal, appeal is disposed of accordingly.
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