https://www.taxtmi.com/caselaws?id=329702 Cumulative corroborative evidence, including statements, notebooks, seized records, bank accounts in fictitious names, and admissions, was treated as sufficient to establish clandestine manufacture and removal of CTD bars. The Tribunal held that the assessees did not rebut the investigation, and duty liability could be sustained on that basis. Cum-duty benefit was denied on suppressed clearances because the transactions were unrecorded and formed part of a deliberate evasion scheme. Penalty under Section 11AC was found inapplicable for the relevant period, but penalties under Rule 173Q(1) and Rule 9(2) were sustained, including the director's penalty, with duty recomputation directed. en-us Tue, 05 Jul 2016 00:00:00 +0530 Mon, 21 Aug 2017 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329702 Cumulative corroborative evidence, including statements, notebooks, seized records, bank accounts in fictitious names, and admissions, was treated as sufficient to establish clandestine manufacture and removal of CTD bars. The Tribunal held that the assessees did not rebut the investigation, and duty liability could be sustained on that basis. Cum-duty benefit was denied on suppressed clearances because the transactions were unrecorded and formed part of a deliberate evasion scheme. Penalty under Section 11AC was found inapplicable for the relevant period, but penalties under Rule 173Q(1) and Rule 9(2) were sustained, including the director's penalty, with duty recomputation directed. Case-Laws Central Excise Tue, 05 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329702