https://www.taxtmi.com/caselaws?id=341970 Allegations of clandestine removal based on retracted statements, estimated scrap receipts, assumed production from furnace capacity and electricity consumption, and alleged dispatch slips were held unsustainable without independent corroborative evidence of unaccounted raw material, manufacture, transport, buyers, cash consideration or actual clearance of finished goods. The claimed excess stock was also not reliably proved by physical verification or corroborated investigation, and the scrap was not shown to have been received or unloaded in the factory through independent evidence. As the substantive duty demand failed, the associated confiscation and personal penalties also fell. en-us Wed, 15 Mar 2017 00:00:00 +0530 Fri, 21 Apr 2017 07:25:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341970 Allegations of clandestine removal based on retracted statements, estimated scrap receipts, assumed production from furnace capacity and electricity consumption, and alleged dispatch slips were held unsustainable without independent corroborative evidence of unaccounted raw material, manufacture, transport, buyers, cash consideration or actual clearance of finished goods. The claimed excess stock was also not reliably proved by physical verification or corroborated investigation, and the scrap was not shown to have been received or unloaded in the factory through independent evidence. As the substantive duty demand failed, the associated confiscation and personal penalties also fell. Case-Laws Central Excise Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341970