https://www.taxtmi.com/caselaws?id=122787 Duty demand based on alleged clandestine removal was not sustainable where the Revenue relied on balance-sheet production figures but ignored the corresponding closing stock entry. The tribunal noted that the earlier remand required the demand to be worked out from viscose yarn manufactured during the relevant period, yet the adjudicating authority treated 14.54 MTs as clandestinely cleared solely from production figures. Because the same balance sheet showed a closing balance of 24.16 MTs of polyester/Art Silk Embroidery thread and there was no contrary evidence that this did not include the disputed quantity, clandestine removal could not be inferred merely from the figures relied upon. The duty and consequential interest were set aside. en-us Mon, 03 Sep 2007 00:00:00 +0530 Fri, 17 Aug 2012 12:11:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122787 Duty demand based on alleged clandestine removal was not sustainable where the Revenue relied on balance-sheet production figures but ignored the corresponding closing stock entry. The tribunal noted that the earlier remand required the demand to be worked out from viscose yarn manufactured during the relevant period, yet the adjudicating authority treated 14.54 MTs as clandestinely cleared solely from production figures. Because the same balance sheet showed a closing balance of 24.16 MTs of polyester/Art Silk Embroidery thread and there was no contrary evidence that this did not include the disputed quantity, clandestine removal could not be inferred merely from the figures relied upon. The duty and consequential interest were set aside. Case-Laws Central Excise Mon, 03 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122787