https://www.taxtmi.com/caselaws?id=303 Clandestine removal and wrongful Modvat credit in excise matters must be supported by tangible, corroborative evidence; suspicions, rough slips, dealer notes or unverified entries are insufficient where the department cannot prove actual clearance, identify buyers, or establish removal without duty. On the proved record, wrongful credit on misdescribed imported watch movements was sustained, while other demands based on alleged shortages and clandestine removals were set aside. Penalties were correspondingly reduced for the principal noticees, and penalties on individuals were annulled because active participation or abetment was not proved. en-us Wed, 06 Apr 2005 00:00:00 +0530 Sun, 13 Apr 2008 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303 Clandestine removal and wrongful Modvat credit in excise matters must be supported by tangible, corroborative evidence; suspicions, rough slips, dealer notes or unverified entries are insufficient where the department cannot prove actual clearance, identify buyers, or establish removal without duty. On the proved record, wrongful credit on misdescribed imported watch movements was sustained, while other demands based on alleged shortages and clandestine removals were set aside. Penalties were correspondingly reduced for the principal noticees, and penalties on individuals were annulled because active participation or abetment was not proved. Case-Laws Central Excise Wed, 06 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303