https://www.taxtmi.com/caselaws?id=247907 Clandestine manufacture and removal cannot be sustained on disputed stock shortages and an uncorroborated proprietor's statement alone. Where the assessee maintained only a consolidated stock register, no proper variety-wise inventory was prepared, and no independent evidence corroborated the alleged shortages, the allegation of clandestine clearances failed. The assessee's explanation that most production was exported and local sales were to industrial consumers remained unrebutted. On that factual basis, the demand and penalty set aside by the first appellate authority were upheld and the Revenue's challenge was rejected. en-us Fri, 21 Feb 2014 00:00:00 +0530 Sat, 10 Jan 2015 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247907 Clandestine manufacture and removal cannot be sustained on disputed stock shortages and an uncorroborated proprietor's statement alone. Where the assessee maintained only a consolidated stock register, no proper variety-wise inventory was prepared, and no independent evidence corroborated the alleged shortages, the allegation of clandestine clearances failed. The assessee's explanation that most production was exported and local sales were to industrial consumers remained unrebutted. On that factual basis, the demand and penalty set aside by the first appellate authority were upheld and the Revenue's challenge was rejected. Case-Laws Central Excise Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247907