https://www.taxtmi.com/caselaws?id=173949 The HC declined to interfere with the Tribunal's factual findings on alleged clandestine removal and the resulting duty and penalty, holding that the controversy turned essentially on evidence appreciation rather than any clear perversity. The Tribunal had considered the assessee's documents as well as the Revenue's reliance on predominantly inculpatory statements, including retracted statements of the Director and authorised signatory. The court also noted that the tax effect was extremely low and the total duty and penalty were negligible. In view of the factual nature of the dispute and the materials examined, the appeals were dismissed. en-us Wed, 16 Mar 2011 00:00:00 +0530 Thu, 18 Jan 2018 19:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173949 The HC declined to interfere with the Tribunal's factual findings on alleged clandestine removal and the resulting duty and penalty, holding that the controversy turned essentially on evidence appreciation rather than any clear perversity. The Tribunal had considered the assessee's documents as well as the Revenue's reliance on predominantly inculpatory statements, including retracted statements of the Director and authorised signatory. The court also noted that the tax effect was extremely low and the total duty and penalty were negligible. In view of the factual nature of the dispute and the materials examined, the appeals were dismissed. Case-Laws Central Excise Wed, 16 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173949