https://www.taxtmi.com/caselaws?id=330732 Uncorroborated and retracted statements recorded during investigation cannot, by themselves, sustain a charge of misdeclaration in excise matters where the assessee's invoices and records remain unshaken. The allegation that cotton fabrics were polyester-dominated fabrics failed because no samples were drawn, no test report was produced, and no independent documentary evidence supported the Revenue's case. On that footing, denial of exemption from Central Excise duty was unjustified, and the demand, interest and penalties could not be sustained. en-us Tue, 17 May 2016 00:00:00 +0530 Thu, 01 Feb 2018 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330732 Uncorroborated and retracted statements recorded during investigation cannot, by themselves, sustain a charge of misdeclaration in excise matters where the assessee's invoices and records remain unshaken. The allegation that cotton fabrics were polyester-dominated fabrics failed because no samples were drawn, no test report was produced, and no independent documentary evidence supported the Revenue's case. On that footing, denial of exemption from Central Excise duty was unjustified, and the demand, interest and penalties could not be sustained. Case-Laws Central Excise Tue, 17 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330732