https://www.taxtmi.com/caselaws?id=73605 The tribunal upheld the duty demand and penalty imposition on the appellant for clearing biris without payment or proper accountal in Central Excise records. Despite retractions, the confessional statements by the appellant and another party were deemed credible, supported by seized records. The tribunal found discrepancies in accounts and considered the delayed retractions as an afterthought. Emphasizing the importance of corroborative evidence, the decision underscores the timing of retractions in assessing the validity of statements regarding alleged clandestine activities. en-us Thu, 24 Mar 1988 00:00:00 +0530 Thu, 02 Jun 2011 12:53:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73605 The tribunal upheld the duty demand and penalty imposition on the appellant for clearing biris without payment or proper accountal in Central Excise records. Despite retractions, the confessional statements by the appellant and another party were deemed credible, supported by seized records. The tribunal found discrepancies in accounts and considered the delayed retractions as an afterthought. Emphasizing the importance of corroborative evidence, the decision underscores the timing of retractions in assessing the validity of statements regarding alleged clandestine activities. Case-Laws Central Excise Thu, 24 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73605