https://www.taxtmi.com/caselaws?id=235058 CENVAT credit was denied where transport records, witness statements and authorised-signatory admissions showed non-receipt of inputs, and input-output norms were accepted as a reasonable basis to estimate the extent of ineligible credit. Duty demand for clandestine removal was also sustained on evidence of excess ash and scrap, unaccounted clearances, fictitious buyers, and corroborating transport and admission evidence, the cumulative material proving evasion on a preponderance of probability. Penalties on the firm and other noticees were upheld in principle but materially reduced in several cases, with one penalty set aside, reflecting the view that the penal consequences were excessive in part. en-us Thu, 18 Apr 2013 00:00:00 +0530 Sat, 08 Jun 2013 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235058 CENVAT credit was denied where transport records, witness statements and authorised-signatory admissions showed non-receipt of inputs, and input-output norms were accepted as a reasonable basis to estimate the extent of ineligible credit. Duty demand for clandestine removal was also sustained on evidence of excess ash and scrap, unaccounted clearances, fictitious buyers, and corroborating transport and admission evidence, the cumulative material proving evasion on a preponderance of probability. Penalties on the firm and other noticees were upheld in principle but materially reduced in several cases, with one penalty set aside, reflecting the view that the penal consequences were excessive in part. Case-Laws Central Excise Thu, 18 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235058