https://www.taxtmi.com/caselaws?id=94401 Circumstantial evidence such as labour pay-book entries, gate-pass discrepancies and the absence of a satisfactory explanation can establish clandestine removal of finished goods, and direct evidence is not indispensable; the duty demand and related penalty were sustained. Modvat credit cannot be denied merely because inputs were stored outside the factory if they were ultimately used in manufacture, and the assessee was allowed to prove such utilisation before the authority below; the denial of credit was therefore set aside to that extent and the matter remitted for fresh decision. en-us Mon, 15 Mar 1999 00:00:00 +0530 Tue, 22 Nov 2011 12:22:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94401 Circumstantial evidence such as labour pay-book entries, gate-pass discrepancies and the absence of a satisfactory explanation can establish clandestine removal of finished goods, and direct evidence is not indispensable; the duty demand and related penalty were sustained. Modvat credit cannot be denied merely because inputs were stored outside the factory if they were ultimately used in manufacture, and the assessee was allowed to prove such utilisation before the authority below; the denial of credit was therefore set aside to that extent and the matter remitted for fresh decision. Case-Laws Central Excise Mon, 15 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94401