https://www.taxtmi.com/caselaws?id=361952 The judgment confirmed the duty of Central Excise against a company manufacturing MS ingots, amounting to Rs. 36,15,236, along with an identical penalty. The case relied on third-party records for alleged clandestine clearances, but the Revenue failed to substantiate claims or conduct further inquiries. The court emphasized the need for concrete evidence of wrongdoing and overturned a penalty imposed on a registered dealer due to insufficient justification. All three appeals were allowed, providing relief to the appellant company based on legal precedents and lack of evidence regarding clandestine removal and penalties. en-us Thu, 31 May 2018 00:00:00 +0530 Mon, 18 Jun 2018 08:09:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361952 The judgment confirmed the duty of Central Excise against a company manufacturing MS ingots, amounting to Rs. 36,15,236, along with an identical penalty. The case relied on third-party records for alleged clandestine clearances, but the Revenue failed to substantiate claims or conduct further inquiries. The court emphasized the need for concrete evidence of wrongdoing and overturned a penalty imposed on a registered dealer due to insufficient justification. All three appeals were allowed, providing relief to the appellant company based on legal precedents and lack of evidence regarding clandestine removal and penalties. Case-Laws Central Excise Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361952