https://www.taxtmi.com/caselaws?id=344533 The Tribunal upheld the Central Excise duty demand and interest but set aside the penalty imposed on the appellant for shortages of finished goods and inputs. The Tribunal emphasized the necessity of concrete evidence to justify penalty imposition based on allegations of shortages, dismissing the argument of eye estimation and faulty stock maintenance. The appeal was disposed of with this modification, highlighting the importance of substantial evidence in proving clandestine removal of goods. en-us Tue, 07 Mar 2017 00:00:00 +0530 Mon, 25 Sep 2017 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344533 The Tribunal upheld the Central Excise duty demand and interest but set aside the penalty imposed on the appellant for shortages of finished goods and inputs. The Tribunal emphasized the necessity of concrete evidence to justify penalty imposition based on allegations of shortages, dismissing the argument of eye estimation and faulty stock maintenance. The appeal was disposed of with this modification, highlighting the importance of substantial evidence in proving clandestine removal of goods. Case-Laws Central Excise Tue, 07 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344533