https://www.taxtmi.com/caselaws?id=185926 A demand for central excise duty based on alleged clandestine manufacture and removal of steel ingots failed because it rested only on a solitary stock discrepancy. The tribunal held that an isolated excess of ingots in the factory records, without corroboration such as excess raw material procurement, unaccounted electricity use, proof of clandestine sale, or recovery of sale proceeds, was insufficient to establish clandestine production and clearance. Since such allegations must be proved by reliable supporting evidence and cannot rest on assumptions or presumptions, the demand was held unsustainable and the revenue's appeals were rejected. en-us Mon, 28 Apr 2014 00:00:00 +0530 Fri, 09 Sep 2022 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185926 A demand for central excise duty based on alleged clandestine manufacture and removal of steel ingots failed because it rested only on a solitary stock discrepancy. The tribunal held that an isolated excess of ingots in the factory records, without corroboration such as excess raw material procurement, unaccounted electricity use, proof of clandestine sale, or recovery of sale proceeds, was insufficient to establish clandestine production and clearance. Since such allegations must be proved by reliable supporting evidence and cannot rest on assumptions or presumptions, the demand was held unsustainable and the revenue's appeals were rejected. Case-Laws Central Excise Mon, 28 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185926