https://www.taxtmi.com/caselaws?id=267699 The Appellate Tribunal CESTAT CHENNAI upheld the adjudication against the appellant for alleged suppression of M.S. Ingots manufactured, unaccounted scrap usage, and movement of goods without invoices. The Tribunal found the Revenue's evidence convincing, proving the allegations with full proof and preponderance of probability. Despite the appellant's arguments, the Tribunal confirmed the imposition of penalties and redemption fines, as the appellant failed to demonstrate the bonafide nature of the transactions. The appeal was dismissed, and the adjudication was upheld based on the evidence presented by the Revenue. en-us Tue, 07 Jul 2015 00:00:00 +0530 Tue, 10 Nov 2015 21:40:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267699 The Appellate Tribunal CESTAT CHENNAI upheld the adjudication against the appellant for alleged suppression of M.S. Ingots manufactured, unaccounted scrap usage, and movement of goods without invoices. The Tribunal found the Revenue's evidence convincing, proving the allegations with full proof and preponderance of probability. Despite the appellant's arguments, the Tribunal confirmed the imposition of penalties and redemption fines, as the appellant failed to demonstrate the bonafide nature of the transactions. The appeal was dismissed, and the adjudication was upheld based on the evidence presented by the Revenue. Case-Laws Central Excise Tue, 07 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267699