https://www.taxtmi.com/caselaws?id=341970 The tribunal set aside the duty demands, confiscation orders, and penalties imposed under the Central Excise Act. It found that the allegations of unaccounted stock and clandestine removal were not supported by sufficient evidence, emphasizing the importance of corroborative evidence. The tribunal highlighted the lack of independent evidence to substantiate the claims and noted that retracted statements without corroboration were unreliable. As a result, the appeals were allowed, and penalties on individuals were also overturned. 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 The tribunal set aside the duty demands, confiscation orders, and penalties imposed under the Central Excise Act. It found that the allegations of unaccounted stock and clandestine removal were not supported by sufficient evidence, emphasizing the importance of corroborative evidence. The tribunal highlighted the lack of independent evidence to substantiate the claims and noted that retracted statements without corroboration were unreliable. As a result, the appeals were allowed, and penalties on individuals were also overturned. Case-Laws Central Excise Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341970