https://www.taxtmi.com/caselaws?id=109824 Private notebook entries matching excise invoices, together with the manager's admission, were sufficient to prove clandestine removal of plywood and sustain the duty demand, despite the investigation being incomplete. The later attempt to retract the admission was treated as an afterthought. Confiscation of excess stock, however, required evidence that the goods were intended for illicit clearance or that steps had been taken for removal without duty; no such material was shown. The duty demand was upheld, the penalty was reduced, and confiscation of the excess plywood was set aside, granting partial relief to the assessee. en-us Wed, 26 Mar 2003 00:00:00 +0530 Thu, 12 Apr 2012 11:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109824 Private notebook entries matching excise invoices, together with the manager's admission, were sufficient to prove clandestine removal of plywood and sustain the duty demand, despite the investigation being incomplete. The later attempt to retract the admission was treated as an afterthought. Confiscation of excess stock, however, required evidence that the goods were intended for illicit clearance or that steps had been taken for removal without duty; no such material was shown. The duty demand was upheld, the penalty was reduced, and confiscation of the excess plywood was set aside, granting partial relief to the assessee. Case-Laws Central Excise Wed, 26 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109824