https://www.taxtmi.com/caselaws?id=362947 The tribunal allowed the appeals in the case challenging the confirmation of Central Excise Duty demand on M/s Suryoday Steel Plant Pvt Ltd for clandestine removal of MS ingots and penalties on Shri Mahesh Agarwal. The decision emphasized the lack of corroborative evidence and reliance on third-party records without additional proof. Legal precedent was cited to support the argument that demands based solely on diary entries without substantial evidence are not sustainable. Several similar cases were referenced where demands were set aside due to insufficient evidence beyond third-party diary entries. en-us Mon, 02 Jul 2018 00:00:00 +0530 Fri, 06 Jul 2018 07:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362947 The tribunal allowed the appeals in the case challenging the confirmation of Central Excise Duty demand on M/s Suryoday Steel Plant Pvt Ltd for clandestine removal of MS ingots and penalties on Shri Mahesh Agarwal. The decision emphasized the lack of corroborative evidence and reliance on third-party records without additional proof. Legal precedent was cited to support the argument that demands based solely on diary entries without substantial evidence are not sustainable. Several similar cases were referenced where demands were set aside due to insufficient evidence beyond third-party diary entries. Case-Laws Central Excise Mon, 02 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362947