https://www.taxtmi.com/caselaws?id=77852 Clandestine removal of duty-free raw materials and finished goods could not be sustained where the Revenue relied mainly on an isolated statement of the authorised signatory and an alleged weight differential, but produced no independent corroborative evidence. The record also did not rebut the assessee's technical explanation that anti-static oil was removed during the dyeing and twisting process. On that basis, the Tribunal's setting aside of the duty demand and penalties under the excise and customs provisions was upheld, and no legal error warranting interference was found. en-us Wed, 14 Jul 2010 00:00:00 +0530 Sat, 16 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77852 Clandestine removal of duty-free raw materials and finished goods could not be sustained where the Revenue relied mainly on an isolated statement of the authorised signatory and an alleged weight differential, but produced no independent corroborative evidence. The record also did not rebut the assessee's technical explanation that anti-static oil was removed during the dyeing and twisting process. On that basis, the Tribunal's setting aside of the duty demand and penalties under the excise and customs provisions was upheld, and no legal error warranting interference was found. Case-Laws Central Excise Wed, 14 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77852