https://www.taxtmi.com/caselaws?id=100607 Uncorroborated third-party loose sheets and a retracted statement, without invoices, gate passes, seizure material, buyer statements, or other independent evidence, were held insufficient to justify insisting on pre-deposit of duty and penalties. The appellants therefore established a strong prima facie case that the alleged receipt of yarn, manufacture, and clandestine removal had not been substantiated, and the balance of convenience favoured them. Unconditional waiver of the entire duty and penalty amounts was granted, and recovery was stayed pending the appeals. en-us Thu, 02 Aug 2001 00:00:00 +0530 Fri, 03 Feb 2012 14:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100607 Uncorroborated third-party loose sheets and a retracted statement, without invoices, gate passes, seizure material, buyer statements, or other independent evidence, were held insufficient to justify insisting on pre-deposit of duty and penalties. The appellants therefore established a strong prima facie case that the alleged receipt of yarn, manufacture, and clandestine removal had not been substantiated, and the balance of convenience favoured them. Unconditional waiver of the entire duty and penalty amounts was granted, and recovery was stayed pending the appeals. Case-Laws Central Excise Thu, 02 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100607