https://www.taxtmi.com/caselaws?id=360642 The Tribunal set aside an order reducing penalty and confiscation due to lack of evidence and corroboration supporting allegations of clandestine removal of goods. The Revenue's case relied on recovered slip pads and statements, but the Tribunal emphasized the need for positive evidence and criticized the absence of corroboration and buyer identification. The Tribunal favored the assessee, dismissing the Revenue's appeal and highlighting the importance of concrete evidence in proving serious allegations. Both appeals were resolved in favor of the assessee, granting consequential relief. en-us Fri, 18 May 2018 00:00:00 +0530 Mon, 21 May 2018 08:19:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360642 The Tribunal set aside an order reducing penalty and confiscation due to lack of evidence and corroboration supporting allegations of clandestine removal of goods. The Revenue's case relied on recovered slip pads and statements, but the Tribunal emphasized the need for positive evidence and criticized the absence of corroboration and buyer identification. The Tribunal favored the assessee, dismissing the Revenue's appeal and highlighting the importance of concrete evidence in proving serious allegations. Both appeals were resolved in favor of the assessee, granting consequential relief. Case-Laws Central Excise Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360642