https://www.taxtmi.com/caselaws?id=402012 The tribunal held that the allegation of clandestine removal of finished goods was not proven with positive evidence, leading to a lack of substantiation. It was found that the shortages were not actual but notional, and the appellants were entitled to an exemption under Notification No. 67/95-CE. The demand for Central Excise duty and penalties was deemed invalid, and the entire demand was considered time-barred. As a result, the tribunal set aside the impugned order and allowed the appeals. en-us Wed, 09 Dec 2020 00:00:00 +0530 Fri, 14 Jan 2022 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402012 The tribunal held that the allegation of clandestine removal of finished goods was not proven with positive evidence, leading to a lack of substantiation. It was found that the shortages were not actual but notional, and the appellants were entitled to an exemption under Notification No. 67/95-CE. The demand for Central Excise duty and penalties was deemed invalid, and the entire demand was considered time-barred. As a result, the tribunal set aside the impugned order and allowed the appeals. Case-Laws Central Excise Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402012