https://www.taxtmi.com/caselaws?id=351884 An excise demand based solely on a third-party statement, without corroborative evidence that the goods were manufactured and cleared without duty, is not sustainable. Confiscation of alleged excess or unaccounted stock also requires reliable proof of non-accountal and the requisite intent to evade duty; eye-estimation of stock and uncorroborated statements are insufficient. On the facts noted, both the duty demand and the consequential confiscation and penalty were set aside, and the assessees succeeded with consequential relief. en-us Mon, 27 Nov 2017 00:00:00 +0530 Tue, 12 Dec 2017 15:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351884 An excise demand based solely on a third-party statement, without corroborative evidence that the goods were manufactured and cleared without duty, is not sustainable. Confiscation of alleged excess or unaccounted stock also requires reliable proof of non-accountal and the requisite intent to evade duty; eye-estimation of stock and uncorroborated statements are insufficient. On the facts noted, both the duty demand and the consequential confiscation and penalty were set aside, and the assessees succeeded with consequential relief. Case-Laws Central Excise Mon, 27 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351884