https://www.taxtmi.com/caselaws?id=96365 Allegations of clandestine removal were found unsustainable because contemporaneous production slips supported the assessee's record of raw material issue and manufacture, and no positive evidence of suppression or removal was produced. Incomplete statutory books, by themselves, were held insufficient to reject those supporting records or to justify confiscation and duty demand on short-found inputs. The lapse in record maintenance could justify a penalty, but not the substantive demand or confiscation on the facts shown. The reduced penalty was therefore upheld, while the confiscation and duty demand were not sustained. en-us Fri, 04 May 2001 00:00:00 +0530 Wed, 21 Dec 2011 12:16:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96365 Allegations of clandestine removal were found unsustainable because contemporaneous production slips supported the assessee's record of raw material issue and manufacture, and no positive evidence of suppression or removal was produced. Incomplete statutory books, by themselves, were held insufficient to reject those supporting records or to justify confiscation and duty demand on short-found inputs. The lapse in record maintenance could justify a penalty, but not the substantive demand or confiscation on the facts shown. The reduced penalty was therefore upheld, while the confiscation and duty demand were not sustained. Case-Laws Central Excise Fri, 04 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96365