https://www.taxtmi.com/caselaws?id=237024 Shortage of inputs on which MODVAT credit had been taken can justify reversal of the credit attributable to the missing inputs, but the duty demand must be restricted to the correct relatable quantum and not computed excessively. Allegations of clandestine removal cannot be sustained unless the clearances stated in the show cause notice are properly reconciled with the quantities received by purchasers, and material documentary evidence such as purchaser certificates is duly examined. Where that reconciliation is incomplete, the demand requires fresh consideration and any consequential penalty also falls to be reconsidered. en-us Mon, 28 May 2012 00:00:00 +0530 Mon, 16 Sep 2013 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237024 Shortage of inputs on which MODVAT credit had been taken can justify reversal of the credit attributable to the missing inputs, but the duty demand must be restricted to the correct relatable quantum and not computed excessively. Allegations of clandestine removal cannot be sustained unless the clearances stated in the show cause notice are properly reconciled with the quantities received by purchasers, and material documentary evidence such as purchaser certificates is duly examined. Where that reconciliation is incomplete, the demand requires fresh consideration and any consequential penalty also falls to be reconsidered. Case-Laws Central Excise Mon, 28 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237024