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2018 (11) TMI 963 - AT - Central ExciseExtended period of limitation - penalty - Clandestine removal - parallel invoices - Evidence in the shape of the invoices was recovered from the dealers and was confirmed by the buyers - Held that:- In the instant case it was not a Revenue neutral situation and therefore, extended period and provisions of Section 11C can be rightly invoked. Since the case involved blatant misuse of the trust placed by Revenue on the assessee and the appellants have cleared the goods without preparing invoices, the imposition of penalties on the main appellant as well as Sh. Pradeep Harsora and Mangalam Drugs & Organics Ltd. is fully justified. Penalty u/s 11AC - benefit of reduced penalty - Held that:- The option of paying 25% of penalty along with full duty and interest within 30 days is extended to the appellant. Appeal allowed in part.
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