https://www.taxtmi.com/caselaws?id=416792 Demand of duty and penalty for alleged clandestine removal cannot be sustained on third-party diary entries and an accompanying statement alone. The record must also contain independent corroborative evidence showing clandestine manufacture, removal of goods, and identification of buyers or recipients. Where the assessee's statement does not amount to an admission and there is no evidence of movement of goods or enquiry from alleged buyers, third-party material remains insufficient. On that basis, the duty demand and consequential penalty on the director were held unsustainable, and the impugned order was set aside. en-us Thu, 06 Jan 2022 00:00:00 +0530 Sat, 08 Jan 2022 09:48:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416792 Demand of duty and penalty for alleged clandestine removal cannot be sustained on third-party diary entries and an accompanying statement alone. The record must also contain independent corroborative evidence showing clandestine manufacture, removal of goods, and identification of buyers or recipients. Where the assessee's statement does not amount to an admission and there is no evidence of movement of goods or enquiry from alleged buyers, third-party material remains insufficient. On that basis, the duty demand and consequential penalty on the director were held unsustainable, and the impugned order was set aside. Case-Laws Central Excise Thu, 06 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416792