https://www.taxtmi.com/caselaws?id=208613 The Appellate Tribunal CESTAT, Ahmedabad allowed the appeals in a case involving a shortage of MS Ingots and excess production. The Revenue's case relied on chits recovered from the Manager without substantial evidence. The Tribunal highlighted the lack of inquiries regarding buyers or raw material shortages, emphasizing that duty demands cannot solely rely on statements and chits. Legal precedents were cited to support the decision, emphasizing the need for thorough investigations and corroborating evidence in duty demand cases. Consequently, the impugned order was not upheld, and relief was granted to the appellants due to insufficient evidence beyond the chits and statements. en-us Tue, 11 Oct 2011 00:00:00 +0530 Thu, 05 Jan 2012 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208613 The Appellate Tribunal CESTAT, Ahmedabad allowed the appeals in a case involving a shortage of MS Ingots and excess production. The Revenue's case relied on chits recovered from the Manager without substantial evidence. The Tribunal highlighted the lack of inquiries regarding buyers or raw material shortages, emphasizing that duty demands cannot solely rely on statements and chits. Legal precedents were cited to support the decision, emphasizing the need for thorough investigations and corroborating evidence in duty demand cases. Consequently, the impugned order was not upheld, and relief was granted to the appellants due to insufficient evidence beyond the chits and statements. Case-Laws Central Excise Tue, 11 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208613