https://www.taxtmi.com/caselaws?id=202632 Penalty and duty liability under excise law cannot be sustained solely on an uncorroborated confessional statement attributed to a third party. Where the alleged misdeclaration of quantity and duty evasion was supported by no independent material, the Tribunal was entitled to treat the statement as insufficient to fasten liability. The absence of corroborative evidence, including the appellant's own acceptance of that gap, made the Tribunal's view reasonable and plausible on the facts. The order setting aside the penalty and related findings was therefore upheld in favour of the assessee. en-us Tue, 28 Sep 2010 00:00:00 +0530 Thu, 27 Jan 2011 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202632 Penalty and duty liability under excise law cannot be sustained solely on an uncorroborated confessional statement attributed to a third party. Where the alleged misdeclaration of quantity and duty evasion was supported by no independent material, the Tribunal was entitled to treat the statement as insufficient to fasten liability. The absence of corroborative evidence, including the appellant's own acceptance of that gap, made the Tribunal's view reasonable and plausible on the facts. The order setting aside the penalty and related findings was therefore upheld in favour of the assessee. Case-Laws Central Excise Tue, 28 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202632