https://www.taxtmi.com/caselaws?id=123567 Duty demand based on furnace oil consumption and an assumed production norm was rejected because the record showed damage to the furnace, repairs, changed consumption patterns, and no independent evidence of clandestine manufacture or removal. The corrigendum demand was also held time-barred, since the fuel figures were already reflected in statutory records and monthly returns, leaving no basis for invoking the extended period of limitation. The assessee's penalty was reduced to the statutorily permissible level after payment of admitted duty, while personal penalties on the other noticees were set aside for want of proof of confiscation-related liability. en-us Fri, 09 May 2008 00:00:00 +0530 Fri, 22 Sep 2017 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123567 Duty demand based on furnace oil consumption and an assumed production norm was rejected because the record showed damage to the furnace, repairs, changed consumption patterns, and no independent evidence of clandestine manufacture or removal. The corrigendum demand was also held time-barred, since the fuel figures were already reflected in statutory records and monthly returns, leaving no basis for invoking the extended period of limitation. The assessee's penalty was reduced to the statutorily permissible level after payment of admitted duty, while personal penalties on the other noticees were set aside for want of proof of confiscation-related liability. Case-Laws Central Excise Fri, 09 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123567