https://www.taxtmi.com/caselaws?id=346774 Demand of duty, interest and penalties cannot be sustained where it rests mainly on departmental statements that are later retracted in cross-examination and are unsupported by independent evidence. The record showed no excess stock, suppressed raw material, fake invoices, delivery challans, or physical movement of goods without duty payment. Once the witnesses were examined and their earlier inculpatory statements were substantially withdrawn, the adjudication could not rely on those statements alone without corroborative documentary or other independent proof. On that basis, the demand and penalties were set aside. en-us Fri, 14 Jul 2017 00:00:00 +0530 Mon, 23 Oct 2017 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346774 Demand of duty, interest and penalties cannot be sustained where it rests mainly on departmental statements that are later retracted in cross-examination and are unsupported by independent evidence. The record showed no excess stock, suppressed raw material, fake invoices, delivery challans, or physical movement of goods without duty payment. Once the witnesses were examined and their earlier inculpatory statements were substantially withdrawn, the adjudication could not rely on those statements alone without corroborative documentary or other independent proof. On that basis, the demand and penalties were set aside. Case-Laws Central Excise Fri, 14 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346774