https://www.taxtmi.com/caselaws?id=356626 The Tribunal set aside the demand for duty on alleged clandestine clearance of M.S. Ingots/Risers and disallowance of Cenvat credit due to shortage of Sponge Iron. The allegations were deemed unsubstantiated as there was no credible evidence supporting the claims. The penalties imposed on the appellants were also overturned as they were based on invalid grounds, including denial of the right to cross-examine witnesses. The judgment emphasized the importance of credible evidence and adherence to principles of natural justice, resulting in the favorable outcome for the appellants. en-us Fri, 15 Dec 2017 00:00:00 +0530 Fri, 09 Mar 2018 06:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356626 The Tribunal set aside the demand for duty on alleged clandestine clearance of M.S. Ingots/Risers and disallowance of Cenvat credit due to shortage of Sponge Iron. The allegations were deemed unsubstantiated as there was no credible evidence supporting the claims. The penalties imposed on the appellants were also overturned as they were based on invalid grounds, including denial of the right to cross-examine witnesses. The judgment emphasized the importance of credible evidence and adherence to principles of natural justice, resulting in the favorable outcome for the appellants. Case-Laws Central Excise Fri, 15 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356626