https://www.taxtmi.com/caselaws?id=122799 Clandestine removal of inputs without invoice did not justify valuation relief under Rule 3(4) of the Cenvat Credit Rules, 2002 because the claimed lower sale price was not proved by reliable evidence; photocopied affidavits, without witness examination or proof of identity and contents, were insufficient. Clandestinely removed finished goods also could not be valued below the normal assessable value on the basis of unproved affidavits and a bare plea of defects and lower-price sale, since no dependable transaction evidence was produced. The denial of credit, duty demand, and penalties was sustained. en-us Mon, 10 Sep 2007 00:00:00 +0530 Fri, 17 Aug 2012 12:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122799 Clandestine removal of inputs without invoice did not justify valuation relief under Rule 3(4) of the Cenvat Credit Rules, 2002 because the claimed lower sale price was not proved by reliable evidence; photocopied affidavits, without witness examination or proof of identity and contents, were insufficient. Clandestinely removed finished goods also could not be valued below the normal assessable value on the basis of unproved affidavits and a bare plea of defects and lower-price sale, since no dependable transaction evidence was produced. The denial of credit, duty demand, and penalties was sustained. Case-Laws Central Excise Mon, 10 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122799