https://www.taxtmi.com/caselaws?id=346044 The Tribunal set aside the duty demand and penalties in a case involving the clearance of finished goods without duty payment. It found the Revenue's presumption baseless, lacking evidence linking the shortage in raw material to the alleged duty evasion. The duty demand on removed goods was also deemed unsustainable due to insufficient evidence, and penalties on partners and the vehicle owner were revoked. The judgment emphasized the necessity of concrete evidence in establishing duty evasion claims and the requirement for a clear nexus between alleged acts and penalties imposed. en-us Mon, 31 Jul 2017 00:00:00 +0530 Wed, 23 Aug 2017 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346044 The Tribunal set aside the duty demand and penalties in a case involving the clearance of finished goods without duty payment. It found the Revenue's presumption baseless, lacking evidence linking the shortage in raw material to the alleged duty evasion. The duty demand on removed goods was also deemed unsustainable due to insufficient evidence, and penalties on partners and the vehicle owner were revoked. The judgment emphasized the necessity of concrete evidence in establishing duty evasion claims and the requirement for a clear nexus between alleged acts and penalties imposed. Case-Laws Central Excise Mon, 31 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346044