https://www.taxtmi.com/caselaws?id=108236 The Tribunal allowed the appeal, finding the disallowance of Modvat credit unjustified due to lack of concrete evidence. The appellants' possession of a machine for manufacturing Ball Bearings was upheld, as they operated independently with proper registration and duty payments. Lack of proof of clandestine activities led to setting aside penalties and confiscation orders, granting relief to the appellants. en-us Fri, 26 Jul 2002 00:00:00 +0530 Fri, 30 Mar 2012 15:48:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108236 The Tribunal allowed the appeal, finding the disallowance of Modvat credit unjustified due to lack of concrete evidence. The appellants' possession of a machine for manufacturing Ball Bearings was upheld, as they operated independently with proper registration and duty payments. Lack of proof of clandestine activities led to setting aside penalties and confiscation orders, granting relief to the appellants. Case-Laws Central Excise Fri, 26 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108236