https://www.taxtmi.com/caselaws?id=2146 Penalty for alleged clandestine removal could not be sustained on the basis of a mere shortage of finished goods where the shortage was admitted, duty was paid immediately, and there was no admission or corroborative evidence of clandestine clearance. In the absence of supporting material such as unaccounted raw material procurement or private records showing removal without duty, the allegation of clandestine removal could not be fastened on the assessee. The order setting aside the penalty was therefore upheld. en-us Fri, 22 Jun 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2146 Penalty for alleged clandestine removal could not be sustained on the basis of a mere shortage of finished goods where the shortage was admitted, duty was paid immediately, and there was no admission or corroborative evidence of clandestine clearance. In the absence of supporting material such as unaccounted raw material procurement or private records showing removal without duty, the allegation of clandestine removal could not be fastened on the assessee. The order setting aside the penalty was therefore upheld. Case-Laws Central Excise Fri, 22 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2146