https://www.taxtmi.com/caselaws?id=246622 Alleged shortages of raw material or unaccounted finished goods, without evidence of clandestine clearance or removal, do not by themselves justify duty demand or major penalty. The demand and connected penalty on the claimed raw-material shortage were not sustainable because no material showed actual clearance, utilisation in clandestine manufacture, or duty evasion. For the finished goods, confiscation-related duty demand and major penalty were also not sustainable in the absence of proof of clandestine removal and where the goods were not redeemed, although a token penalty survived for failure to maintain proper statutory records. en-us Tue, 09 Oct 2012 00:00:00 +0530 Wed, 02 Apr 2014 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246622 Alleged shortages of raw material or unaccounted finished goods, without evidence of clandestine clearance or removal, do not by themselves justify duty demand or major penalty. The demand and connected penalty on the claimed raw-material shortage were not sustainable because no material showed actual clearance, utilisation in clandestine manufacture, or duty evasion. For the finished goods, confiscation-related duty demand and major penalty were also not sustainable in the absence of proof of clandestine removal and where the goods were not redeemed, although a token penalty survived for failure to maintain proper statutory records. Case-Laws Central Excise Tue, 09 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246622