https://www.taxtmi.com/caselaws?id=335326 The tribunal set aside the duty demand and penalties imposed on the steel manufacturing company due to discrepancies in inventory processes and lack of concrete evidence linking shortages to clandestine activities. Emphasizing the necessity of positive evidence, the tribunal highlighted the absence of inventory during stock verification and the lack of employee statements or procurement records. Without substantial proof of illegal activities, the tribunal allowed the appeal, providing relief to the appellant. en-us Mon, 07 Nov 2016 00:00:00 +0530 Fri, 17 Feb 2017 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335326 The tribunal set aside the duty demand and penalties imposed on the steel manufacturing company due to discrepancies in inventory processes and lack of concrete evidence linking shortages to clandestine activities. Emphasizing the necessity of positive evidence, the tribunal highlighted the absence of inventory during stock verification and the lack of employee statements or procurement records. Without substantial proof of illegal activities, the tribunal allowed the appeal, providing relief to the appellant. Case-Laws Central Excise Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335326