https://www.taxtmi.com/caselaws?id=343553 The Tribunal set aside the order confiscating 75 MT of sponge iron, finding discrepancies in stock verification methods. Demand for excise duty on shortages of sugar, molasses, and MS Ingot was deemed unjustified due to lack of clear documentation. Allegations of clandestine manufacture and clearance of MS Ingots were not substantiated, with the Revenue's report being vague. Penalties imposed for alleged clandestine activities were overturned as they were based on unsubstantiated claims. The appellant was entitled to consequential benefits, and the impugned order was set aside. en-us Tue, 07 Mar 2017 00:00:00 +0530 Fri, 09 Feb 2018 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343553 The Tribunal set aside the order confiscating 75 MT of sponge iron, finding discrepancies in stock verification methods. Demand for excise duty on shortages of sugar, molasses, and MS Ingot was deemed unjustified due to lack of clear documentation. Allegations of clandestine manufacture and clearance of MS Ingots were not substantiated, with the Revenue's report being vague. Penalties imposed for alleged clandestine activities were overturned as they were based on unsubstantiated claims. The appellant was entitled to consequential benefits, and the impugned order was set aside. Case-Laws Central Excise Tue, 07 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343553