https://www.taxtmi.com/caselaws?id=112279 CESTAT held that a demand for duty based on alleged clandestine removal of man-made fabric cannot stand without positive, tangible evidence; incomplete register maintenance and an uncorroborated statement were insufficient, so the demand was set aside. It also held that confiscation of seized fabrics was unjustified where the assessee's explanation that the goods represented half-day production and would be entered in the statutory register was raised promptly and not rebutted, so confiscation was set aside. The penalty on the partner fell with the clandestine removal allegation, while the assessee's penalty was reduced to Rs. 2,000 for defective maintenance of the grey fabric register. en-us Wed, 07 Apr 2004 00:00:00 +0530 Wed, 19 Jun 2024 13:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112279 CESTAT held that a demand for duty based on alleged clandestine removal of man-made fabric cannot stand without positive, tangible evidence; incomplete register maintenance and an uncorroborated statement were insufficient, so the demand was set aside. It also held that confiscation of seized fabrics was unjustified where the assessee's explanation that the goods represented half-day production and would be entered in the statutory register was raised promptly and not rebutted, so confiscation was set aside. The penalty on the partner fell with the clandestine removal allegation, while the assessee's penalty was reduced to Rs. 2,000 for defective maintenance of the grey fabric register. Case-Laws Central Excise Wed, 07 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112279