https://www.taxtmi.com/caselaws?id=360780 Duty, interest and penalties on the allegation that the assessee manufactured stainless steel ingots and cleared them as mild steel ingots, thereby crossing the SSI exemption limit, were held unsustainable because the record showed MS scrap and machinery capable of manufacturing both MS and SS ingots, the buyers' statements did not prove receipt of only SS ingots, and the invoices referred to MS ingots. In the absence of corroborative evidence that only SS ingots were manufactured during the relevant period, the demand was treated as based on assumptions and presumption rather than proof, and the impugned order was set aside. en-us Mon, 19 Mar 2018 00:00:00 +0530 Wed, 23 May 2018 07:40:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360780 Duty, interest and penalties on the allegation that the assessee manufactured stainless steel ingots and cleared them as mild steel ingots, thereby crossing the SSI exemption limit, were held unsustainable because the record showed MS scrap and machinery capable of manufacturing both MS and SS ingots, the buyers' statements did not prove receipt of only SS ingots, and the invoices referred to MS ingots. In the absence of corroborative evidence that only SS ingots were manufactured during the relevant period, the demand was treated as based on assumptions and presumption rather than proof, and the impugned order was set aside. Case-Laws Central Excise Mon, 19 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360780