https://www.taxtmi.com/caselaws?id=344492 The Tribunal upheld the confirmation of duty and penalty against the appellant for the shortage of finished goods in steel pipes and tubes. The appellant's arguments regarding the evidentiary value of the chief executive officer's admission were rejected, as the appellant failed to prove the absence of the shortage or duty payment. The Tribunal emphasized that what is admitted need not be proved, citing relevant case law. The appeal was dismissed for lacking merit, with the Tribunal relying on established legal principles regarding admissions, shortages, and duty violations from Supreme Court and High Court decisions. en-us Mon, 05 Jun 2017 00:00:00 +0530 Mon, 19 Jun 2017 07:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344492 The Tribunal upheld the confirmation of duty and penalty against the appellant for the shortage of finished goods in steel pipes and tubes. The appellant's arguments regarding the evidentiary value of the chief executive officer's admission were rejected, as the appellant failed to prove the absence of the shortage or duty payment. The Tribunal emphasized that what is admitted need not be proved, citing relevant case law. The appeal was dismissed for lacking merit, with the Tribunal relying on established legal principles regarding admissions, shortages, and duty violations from Supreme Court and High Court decisions. Case-Laws Central Excise Mon, 05 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344492