https://www.taxtmi.com/caselaws?id=252586 Cumulative circumstantial evidence, including excess stock, mismatched inputs and finished goods, and missing statutory entries, was treated as sufficient to establish clandestine manufacture and removal of excisable goods, so the duty demand and related liability were upheld. MODVAT credit was not allowed to be retained for alleged process loss and wastage because the claimed wastage and packing consumption were not properly reflected in the statutory records or timely disclosed to the department, so reversal of credit was sustained. Once clandestine removal was proved, the penalties on the company and connected persons were also maintained. en-us Fri, 17 Oct 2014 00:00:00 +0530 Fri, 05 Jun 2015 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252586 Cumulative circumstantial evidence, including excess stock, mismatched inputs and finished goods, and missing statutory entries, was treated as sufficient to establish clandestine manufacture and removal of excisable goods, so the duty demand and related liability were upheld. MODVAT credit was not allowed to be retained for alleged process loss and wastage because the claimed wastage and packing consumption were not properly reflected in the statutory records or timely disclosed to the department, so reversal of credit was sustained. Once clandestine removal was proved, the penalties on the company and connected persons were also maintained. Case-Laws Central Excise Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252586