CESTAT upholds Central Excise Duty Demand due to Raw Material and Finished Goods Shortage u/s 11A, confirms Liability for Penalty [Read Order]

CESTAT confirmed the demand of central excise duty on account of shortage found in the raw material and the finished goods under Section 11A/11A (4) read with Section 174 of the CGST Act
By Aiswarya Krishnadas - On September 13, 2024 11:31 am - 2 mins read
CESTAT - CESTAT Delhi - central excise penalty - Excise Duty of Raw Material - TAXSCAN

The single bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) in Delhi, has upheld the Central Excise duty demand under Section 11A read with Section 174 of the CGST Act, 2017, due to a shortage of raw materials and finished goods, and has confirmed the liability for the associated penalty….

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader