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2015 (10) TMI 899

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..... tements of the directors were duly retracted at the earliest possible occasion. Learned A.R. on the other hand made the bench go through para-10 of the Order-in-Original dated-16/09/2013 to argue that duplication in duty calculation was found to the extent of only ₹ 8.40 Lakh. It is observed that Adjudicating Authority has given detailed reasonings for confirmation of the clandestine activit .....

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..... . alongwith interest, for the clandestine manufacture clearance of Iron re-rolled products. Equivalent penalty has also been imposed upon the main appellant under Section 11AC of the Central Excise Act, 1944 read with Rule 25 of the Central Excise Rules,2002. Other two stay applications are filed by Shri S.K. Pareek and Shri Kishan Pareek, both Directors of the main appellant, for imposition of .....

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..... while calculating the quantum of clandestine manufacture and clearance resulting into duplicate demand of ₹ 3,50,18,813/-. It was further argued by the Learned Consultant that there is no other corroboration like acquisition of excess quantity of raw materials and transportation of clandestinely manufactured goods. 3. Shri K. Choudhari, Supdt. (A.R.) appearing on behalf of the Revenue ar .....

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..... duly retracted at the earliest possible occasion. Learned A.R. on the other hand made the bench go through para-10 of the Order-in-Original dated-16/09/2013 to argue that duplication in duty calculation was found to the extent of only ₹ 8.40 Lakh. It is observed that Adjudicating Authority has given detailed reasonings for confirmation of the clandestine activities and duty. Prima facie, ap .....

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