https://www.taxtmi.com/caselaws?id=246266 The Tribunal upheld the demand of Rs. 1,18,04,132.58 against the appellant company for unaccounted production and clandestine removal of goods. Discrepancies in stock and raw material accounting supported findings of unaccounted production. The use of parallel invoices and roll numbers indicated further irregularities. Penalties imposed on the company and associated parties were upheld, with a reduction for the appellant company. A duplicative demand was set aside, and MODVAT credit claims were not allowed due to lack of supporting documents. Overall, the Tribunal found the company engaged in unaccounted activities and disposed of the appeals accordingly. en-us Tue, 06 Sep 2011 00:00:00 +0530 Sun, 20 Apr 2014 15:31:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246266 The Tribunal upheld the demand of Rs. 1,18,04,132.58 against the appellant company for unaccounted production and clandestine removal of goods. Discrepancies in stock and raw material accounting supported findings of unaccounted production. The use of parallel invoices and roll numbers indicated further irregularities. Penalties imposed on the company and associated parties were upheld, with a reduction for the appellant company. A duplicative demand was set aside, and MODVAT credit claims were not allowed due to lack of supporting documents. Overall, the Tribunal found the company engaged in unaccounted activities and disposed of the appeals accordingly. Case-Laws Central Excise Tue, 06 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246266