2015 (3) TMI 168

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..... eard both sides. 2. Appellant filed this appeal against the impugned order passed by the Commissioner (Appeals) whereby the Commissioner (Appeals) upheld the penalty Rs. 50,000/- under Section 11AC of the Central Excise Act, 1944. 3. Before the lower authority the appellant has not contested the demand. 4. The contention of the appellant is that in the present case the appellant charged some am .....

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..... ation of the records. As this fact was not disclosed to the Revenue, the penalty is rightly imposed. 6. We find that the appellant has not disclosed the fact regarding consideration amount received in respect of cleaning of raw material. As this expenditure is on the cleaning of raw material which is further used in the manufacture of goods hence it will become part of the assessable value of the .....

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