https://www.taxtmi.com/caselaws?id=374064 Demand for duty and penalties based mainly on diaries, loose sheets and statements of alleged buyers was unsustainable because the records did not show the nature or quantity of goods, and the buyers' statements were disputed and retracted. No independent corroboration existed through excess raw material, power consumption, transport, receipt of sale proceeds, or movement of unaccounted finished goods. On that evidentiary record, clandestine manufacture and clearance were not proved with the required certainty, and the demand and penalties were set aside. en-us Thu, 24 Jan 2019 00:00:00 +0530 Fri, 25 Jan 2019 09:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374064 Demand for duty and penalties based mainly on diaries, loose sheets and statements of alleged buyers was unsustainable because the records did not show the nature or quantity of goods, and the buyers' statements were disputed and retracted. No independent corroboration existed through excess raw material, power consumption, transport, receipt of sale proceeds, or movement of unaccounted finished goods. On that evidentiary record, clandestine manufacture and clearance were not proved with the required certainty, and the demand and penalties were set aside. Case-Laws Central Excise Thu, 24 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374064