https://www.taxtmi.com/caselaws?id=124444 The Tribunal upheld the Commissioner (Appeals) decision to set aside the demand of duty and penalties imposed under the Central Excise Act, 1944. The Tribunal rejected the Revenue's appeal, emphasizing discrepancies in the investigation process, particularly the reliability of the recorded panchnama. It was concluded that the corroborative statements should not be blindly accepted, especially when the panchnama itself was deemed unreliable. The Tribunal found no merit in the Revenue's arguments and affirmed the Commissioner (Appeals) findings, ultimately dismissing the Revenue's appeal. en-us Tue, 26 Aug 2008 00:00:00 +0530 Sat, 29 Sep 2012 14:31:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124444 The Tribunal upheld the Commissioner (Appeals) decision to set aside the demand of duty and penalties imposed under the Central Excise Act, 1944. The Tribunal rejected the Revenue's appeal, emphasizing discrepancies in the investigation process, particularly the reliability of the recorded panchnama. It was concluded that the corroborative statements should not be blindly accepted, especially when the panchnama itself was deemed unreliable. The Tribunal found no merit in the Revenue's arguments and affirmed the Commissioner (Appeals) findings, ultimately dismissing the Revenue's appeal. Case-Laws Central Excise Tue, 26 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124444