https://www.taxtmi.com/caselaws?id=361093 The Tribunal overturned the confirmation of demand of duty, interest, and penalty against a manufacturing unit and its Director due to insufficient evidence from third party records and statements. The appellate authority dropped part of the demand but upheld it for the clearance of ingots. However, the Tribunal ruled in favor of the appellant, emphasizing that third party records alone are insufficient to prove clandestine removal, setting aside the impugned orders and providing consequential relief. The judgment highlighted the necessity of corroborative evidence in cases involving allegations of wrongful conduct, particularly in complex transactions. en-us Thu, 26 Apr 2018 00:00:00 +0530 Wed, 30 May 2018 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361093 The Tribunal overturned the confirmation of demand of duty, interest, and penalty against a manufacturing unit and its Director due to insufficient evidence from third party records and statements. The appellate authority dropped part of the demand but upheld it for the clearance of ingots. However, the Tribunal ruled in favor of the appellant, emphasizing that third party records alone are insufficient to prove clandestine removal, setting aside the impugned orders and providing consequential relief. The judgment highlighted the necessity of corroborative evidence in cases involving allegations of wrongful conduct, particularly in complex transactions. Case-Laws Central Excise Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361093