https://www.taxtmi.com/caselaws?id=239975 Clandestine removal of unbranded biris was treated as established where goods were found in excess of statutory records and private records showed clearances without duty payment; on that basis, the duty demand and related penalty were sustained. The exemption claim did not displace the finding drawn from the seized records and stock verification. The assessee was nevertheless permitted the reduced penalty option under Section 11AC, subject to payment of 25% of the duty amount within one month from receipt of the order. en-us Mon, 27 May 2013 00:00:00 +0530 Sun, 24 Nov 2013 08:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239975 Clandestine removal of unbranded biris was treated as established where goods were found in excess of statutory records and private records showed clearances without duty payment; on that basis, the duty demand and related penalty were sustained. The exemption claim did not displace the finding drawn from the seized records and stock verification. The assessee was nevertheless permitted the reduced penalty option under Section 11AC, subject to payment of 25% of the duty amount within one month from receipt of the order. Case-Laws Central Excise Mon, 27 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239975