https://www.taxtmi.com/caselaws?id=347686 Third-party sales figures for a non-alcoholic beverage base could not displace statutory production records in RG-1 and RT-12 where the monthly returns had been regularly assessed and no independent evidence showed suppressed manufacture or clearance. The Tribunal found no corroboration on raw material procurement, production, removals, transport, or monetary flows to support the alleged shortfall, so the demand rested on presumption alone. Duty demands and penalties were therefore unsustainable and were set aside, with consequential relief to the assessees. en-us Mon, 07 Aug 2017 00:00:00 +0530 Sat, 09 Sep 2017 08:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347686 Third-party sales figures for a non-alcoholic beverage base could not displace statutory production records in RG-1 and RT-12 where the monthly returns had been regularly assessed and no independent evidence showed suppressed manufacture or clearance. The Tribunal found no corroboration on raw material procurement, production, removals, transport, or monetary flows to support the alleged shortfall, so the demand rested on presumption alone. Duty demands and penalties were therefore unsustainable and were set aside, with consequential relief to the assessees. Case-Laws Central Excise Mon, 07 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347686