https://www.taxtmi.com/caselaws?id=94901 Cumulative circumstantial evidence, including supplier records, transport material, statements, production slips and seizure of finished goods, can establish receipt of unaccounted raw material and clandestine manufacture and removal of excisable goods. The document notes that objections based on retraction, denial of cross-examination and absence of direct recovery from the assessee were not accepted. It further states that once clandestine activity and duty evasion are sustained, penalties on the firm and its Managing Director are warranted, though their quantum may be reduced on the facts. The result recorded is that the duty demand was sustained and the penal liability maintained with reduced penalty. en-us Wed, 06 Sep 2000 00:00:00 +0530 Mon, 05 Dec 2011 17:00:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94901 Cumulative circumstantial evidence, including supplier records, transport material, statements, production slips and seizure of finished goods, can establish receipt of unaccounted raw material and clandestine manufacture and removal of excisable goods. The document notes that objections based on retraction, denial of cross-examination and absence of direct recovery from the assessee were not accepted. It further states that once clandestine activity and duty evasion are sustained, penalties on the firm and its Managing Director are warranted, though their quantum may be reduced on the facts. The result recorded is that the duty demand was sustained and the penal liability maintained with reduced penalty. Case-Laws Central Excise Wed, 06 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94901