https://www.taxtmi.com/caselaws?id=369039 The Tribunal set aside the impugned order confirming duty demand and penalties against the appellants based on income surrendered to the Income Tax Department. Relying on precedents, the Tribunal emphasized the lack of evidence from the Revenue to prove under-valuation and manufacturing of goods by the appellants. Without sufficient proof, the demand for Central Excise duty was deemed unsustainable. The appeals were allowed, emphasizing the necessity of evidence to support duty demands and penalties, ultimately leading to the decision in favor of the appellants. en-us Thu, 06 Sep 2018 00:00:00 +0530 Thu, 18 Oct 2018 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369039 The Tribunal set aside the impugned order confirming duty demand and penalties against the appellants based on income surrendered to the Income Tax Department. Relying on precedents, the Tribunal emphasized the lack of evidence from the Revenue to prove under-valuation and manufacturing of goods by the appellants. Without sufficient proof, the demand for Central Excise duty was deemed unsustainable. The appeals were allowed, emphasizing the necessity of evidence to support duty demands and penalties, ultimately leading to the decision in favor of the appellants. Case-Laws Central Excise Thu, 06 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369039