https://www.taxtmi.com/caselaws?id=378964 The Tribunal set aside the duty demand and cenvat credit recovery proposal in a case involving allegations of suppression of production by a Public Sector Undertaking manufacturing petroleum products. The Tribunal emphasized the need for tangible evidence to support allegations of duty evasion, noting that duty demands cannot solely rely on theoretical calculations without concrete proof of clandestine activities. The appeals filed by the assessee were allowed, while the Revenue's appeal was rejected based on the lack of conclusive evidence supporting the allegations. en-us Thu, 20 Dec 2018 00:00:00 +0530 Thu, 25 Apr 2019 06:26:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378964 The Tribunal set aside the duty demand and cenvat credit recovery proposal in a case involving allegations of suppression of production by a Public Sector Undertaking manufacturing petroleum products. The Tribunal emphasized the need for tangible evidence to support allegations of duty evasion, noting that duty demands cannot solely rely on theoretical calculations without concrete proof of clandestine activities. The appeals filed by the assessee were allowed, while the Revenue's appeal was rejected based on the lack of conclusive evidence supporting the allegations. Case-Laws Central Excise Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378964