https://www.taxtmi.com/caselaws?id=245954 The Tribunal set aside the confirmation of demand of duty, interest, and penalty under Section 11AC of the Central Excise Act, 1944, amounting to Rs. 4,84,13,471/-, based on alleged suppression of production and clandestine removal of goods. The demand solely relying on the input output ratio from 1999-2000 was deemed unsustainable, as similar proceedings for other periods had been decided in favor of the appellant. The Tribunal found the demand lacking tangible evidence and overturned the Order-in-Original, ruling in favor of the appellant. en-us Thu, 24 May 2012 00:00:00 +0530 Sat, 12 Apr 2014 14:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245954 The Tribunal set aside the confirmation of demand of duty, interest, and penalty under Section 11AC of the Central Excise Act, 1944, amounting to Rs. 4,84,13,471/-, based on alleged suppression of production and clandestine removal of goods. The demand solely relying on the input output ratio from 1999-2000 was deemed unsustainable, as similar proceedings for other periods had been decided in favor of the appellant. The Tribunal found the demand lacking tangible evidence and overturned the Order-in-Original, ruling in favor of the appellant. Case-Laws Central Excise Thu, 24 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245954