https://www.taxtmi.com/caselaws?id=343635 Allegations of clandestine manufacture, duty evasion and wrongful Cenvat credit cannot rest on private records and untested statements unless the records are proved reliable, maintained in the ordinary course of business, and supported by corroboration. Where the persons whose statements are relied upon are not produced for cross-examination, the evidentiary basis is weakened and the statutory requirements for relying on such statements are not met. On these facts, the article notes that the extended period of limitation was also not available, and that the demand, credit denial and penalties were unsustainable. en-us Mon, 19 Dec 2016 00:00:00 +0530 Tue, 30 May 2017 06:04:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343635 Allegations of clandestine manufacture, duty evasion and wrongful Cenvat credit cannot rest on private records and untested statements unless the records are proved reliable, maintained in the ordinary course of business, and supported by corroboration. Where the persons whose statements are relied upon are not produced for cross-examination, the evidentiary basis is weakened and the statutory requirements for relying on such statements are not met. On these facts, the article notes that the extended period of limitation was also not available, and that the demand, credit denial and penalties were unsustainable. Case-Laws Central Excise Mon, 19 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343635