https://www.taxtmi.com/caselaws?id=107896 The Appellate Tribunal affirmed the Commissioner's findings and dismissed the appeals filed by the Revenue challenging orders-in-original regarding undervaluation allegations. The Tribunal found insufficient evidence to support the Revenue's claims of evasion of central excise duty through undervaluation and clandestine clearances. It emphasized the importance of substantial evidence in proving undervaluation and rejected the reliance solely on bank statements as conclusive proof, highlighting the need for additional evidence beyond external sources. en-us Wed, 13 Aug 2003 00:00:00 +0530 Tue, 27 Mar 2012 16:03:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107896 The Appellate Tribunal affirmed the Commissioner's findings and dismissed the appeals filed by the Revenue challenging orders-in-original regarding undervaluation allegations. The Tribunal found insufficient evidence to support the Revenue's claims of evasion of central excise duty through undervaluation and clandestine clearances. It emphasized the importance of substantial evidence in proving undervaluation and rejected the reliance solely on bank statements as conclusive proof, highlighting the need for additional evidence beyond external sources. Case-Laws Central Excise Wed, 13 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107896