https://www.taxtmi.com/caselaws?id=377400 Goods cleared without invoices or statutory records were treated as clandestinely removed, and letters describing them as samples or seconds did not prove they were reject or substandard goods. The valuation stand based on reject status was therefore rejected, but the duty had to be recomputed on a cum-duty basis because duty was embedded in the price realised. Amounts paid during investigation were to be appropriated against duty. Penalty under section 11AC was attracted once clandestine removal was established, with consequential recomputation if the duty demand changed. en-us Tue, 26 Mar 2019 00:00:00 +0530 Fri, 29 Mar 2019 07:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377400 Goods cleared without invoices or statutory records were treated as clandestinely removed, and letters describing them as samples or seconds did not prove they were reject or substandard goods. The valuation stand based on reject status was therefore rejected, but the duty had to be recomputed on a cum-duty basis because duty was embedded in the price realised. Amounts paid during investigation were to be appropriated against duty. Penalty under section 11AC was attracted once clandestine removal was established, with consequential recomputation if the duty demand changed. Case-Laws Central Excise Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377400