https://www.taxtmi.com/caselaws?id=87516 The Tribunal ruled in favor of the appellant, setting aside the demand of Rs. 3,54,902.85 and a personal penalty of Rs. 75,000 imposed by the Collector, Central Excise. The Tribunal found no evidence to support the allegations of clandestine production and removal of MS ingots/steel castings, stating the case was built on presumption and surmises. Additionally, the Tribunal held that the demand was time-barred as the show cause notice was issued beyond the six-month limitation period. The appellant's regular submission of raw material and production returns indicated no suppression or misstatement, leading to a successful appeal. en-us Mon, 10 Mar 1997 00:00:00 +0530 Tue, 06 Sep 2011 15:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87516 The Tribunal ruled in favor of the appellant, setting aside the demand of Rs. 3,54,902.85 and a personal penalty of Rs. 75,000 imposed by the Collector, Central Excise. The Tribunal found no evidence to support the allegations of clandestine production and removal of MS ingots/steel castings, stating the case was built on presumption and surmises. Additionally, the Tribunal held that the demand was time-barred as the show cause notice was issued beyond the six-month limitation period. The appellant's regular submission of raw material and production returns indicated no suppression or misstatement, leading to a successful appeal. Case-Laws Central Excise Mon, 10 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87516