https://www.taxtmi.com/caselaws?id=258856 Established shortages of finished locks and raw material, coupled with the absence of reconciliation, cost data, work records or proof of lawful clearance, justified findings of clandestine removal and best-judgment valuation. On that basis, the Tribunal upheld the duty demands on 4,116 locks, 1,49,524 locks, job-work related clearances, and goods found at M/s. R.P. Locks, and sustained the penalty on the manufacturer. However, the personal penalty on Shri Ravi Jain was deleted because the record did not show cogent evidence of his active or conscious involvement or abetment in the alleged removal. en-us Fri, 20 Mar 2015 00:00:00 +0530 Tue, 21 Apr 2015 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258856 Established shortages of finished locks and raw material, coupled with the absence of reconciliation, cost data, work records or proof of lawful clearance, justified findings of clandestine removal and best-judgment valuation. On that basis, the Tribunal upheld the duty demands on 4,116 locks, 1,49,524 locks, job-work related clearances, and goods found at M/s. R.P. Locks, and sustained the penalty on the manufacturer. However, the personal penalty on Shri Ravi Jain was deleted because the record did not show cogent evidence of his active or conscious involvement or abetment in the alleged removal. Case-Laws Central Excise Fri, 20 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258856