https://www.taxtmi.com/caselaws?id=266673 Allegations of clandestine removal in central excise cannot be sustained on disputed stock shortages and a solitary director's statement without independent corroborative evidence. The Tribunal noted that the Revenue relied only on alleged shortages found during stock verification and the statement, while the appellant challenged the weighment process and the absence of weighment slips and inventories weakened the reliability of the shortages. It held that an admission is relevant but not conclusive, and a confessional statement alone cannot fasten liability where no other material supports clandestine clearance. On that basis, the demand and penalties were set aside. en-us Thu, 17 Apr 2014 00:00:00 +0530 Thu, 22 Oct 2015 21:37:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266673 Allegations of clandestine removal in central excise cannot be sustained on disputed stock shortages and a solitary director's statement without independent corroborative evidence. The Tribunal noted that the Revenue relied only on alleged shortages found during stock verification and the statement, while the appellant challenged the weighment process and the absence of weighment slips and inventories weakened the reliability of the shortages. It held that an admission is relevant but not conclusive, and a confessional statement alone cannot fasten liability where no other material supports clandestine clearance. On that basis, the demand and penalties were set aside. Case-Laws Central Excise Thu, 17 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266673