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TMI Blog2016 (12) TMI 1117X X X X Extracts X X X X X X X X Extracts X X X X ..... ical) Shri D.K. Deb, Assistant Commissioner, (AR), for Revenue Shri Raj Kumar, Chartered Accountant, for Assessee ORDER The prayer in the present appeals states that the appeal is in respect of duty of Rs. 24,15,36/- , Rs. 12,07,78/- & penalty of Rs. 36,22,54/-. The disputed amounts are covered by litigation policy of C.B.E.C. Therefore, Appeal Nos. E/2103/2009 & E/2104/2009 are dismisse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ompany, Aligarh, without payment of duty, Rs. 62,481/- should not be demanded as Central Excise Duty on 20.150 M.T. of M.S. Ingots which was not recorded in the stock register of 11-10-2006 clandestinely removed, and Rs. 54,246/- should not be demanded as Central Excise duty on 17.5 M.T. of M.S. Ingots which was show on the back of log sheet and does not compare to any maintained records and remov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Commissioner (Appeals) has set aside demand of Rs. 5,93,019/- and confirmed the demand of Rs. 8,76,455/- and reduced penalty on the appellant manufacturer to Rs. 8,76,455/-. Further, he reduced the personal penalty on Director to Rs. 8,76,445/. Aggrieved by the said Order-in-Appeal the appellants are before this Tribunal. 4. Heard the ld. Counsel who has submitted that they are not pressing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ty imposed on appellant manufacture and director may be set aside. 5. The ld. A.R. has supported the impugned Order-in-Appeal. 6. I have taken into consideration the rival contentions. I find force in the arguments put forth by the counsel for the appellant. Therefore, I set aside the confirmed demand of Rs. 52,955/-, Rs. 62,481 & Rs. 64,187 and set aside penalty imposed under Sectio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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