https://www.taxtmi.com/caselaws?id=254022 The Tribunal upheld the duty demand of Rs. 14,69,382/- against the appellant for clandestinely clearing MS Ingots without payment. The appellant was directed to deposit an additional Rs. 3,00,000/- to secure Revenue's interests. The allegations of shortages in Cenvat credit were not extensively discussed in the judgment, which primarily focused on the MS Ingots clearance issue. Discrepancies in stock records and production slips raised concerns about accuracy. The Tribunal's decision highlighted the significance of evidence like production slips and power consumption data in determining duty demand validity, emphasizing the need to balance Revenue interests with a fair appeal process for the appellant. en-us Thu, 14 Aug 2014 00:00:00 +0530 Wed, 10 Dec 2014 14:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254022 The Tribunal upheld the duty demand of Rs. 14,69,382/- against the appellant for clandestinely clearing MS Ingots without payment. The appellant was directed to deposit an additional Rs. 3,00,000/- to secure Revenue's interests. The allegations of shortages in Cenvat credit were not extensively discussed in the judgment, which primarily focused on the MS Ingots clearance issue. Discrepancies in stock records and production slips raised concerns about accuracy. The Tribunal's decision highlighted the significance of evidence like production slips and power consumption data in determining duty demand validity, emphasizing the need to balance Revenue interests with a fair appeal process for the appellant. Case-Laws Central Excise Thu, 14 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254022