https://www.taxtmi.com/caselaws?id=216608 Undervaluation based on a seized sauda book could not sustain Central Excise duty, interest and penalty demands where the record did not reliably link the seized entries to the appellants' clearances. The appellate findings noted that the benchmark rate was applied without verified matching of consignee, quantity, quality and rate, and no investigation established receipt of extra consideration or any corroborative evidence of under-valuation. In the absence of dependable linkage between the seized document and the disputed removals, the demand failed and the allegation of undervaluation was held unproved. en-us Wed, 22 Jun 2011 00:00:00 +0530 Wed, 05 Sep 2012 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216608 Undervaluation based on a seized sauda book could not sustain Central Excise duty, interest and penalty demands where the record did not reliably link the seized entries to the appellants' clearances. The appellate findings noted that the benchmark rate was applied without verified matching of consignee, quantity, quality and rate, and no investigation established receipt of extra consideration or any corroborative evidence of under-valuation. In the absence of dependable linkage between the seized document and the disputed removals, the demand failed and the allegation of undervaluation was held unproved. Case-Laws Central Excise Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216608