https://www.taxtmi.com/caselaws?id=426959 The tribunal set aside the duty demand and penalty imposed on the appellant, a steel manufacturer, for alleged Central Excise duty evasion. The decision emphasized the lack of concrete evidence directly linking the appellant to the evasion, highlighting the insufficiency of third-party evidence. Penalties imposed on the appellant's officers and partners of another entity were also dismissed due to the absence of tangible evidence supporting the allegations. The judgment stressed the importance of substantial evidence in establishing duty liability and justifying penalties, ultimately ruling in favor of the appellants based on the insufficient evidence provided by third parties. en-us Thu, 18 Aug 2022 00:00:00 +0530 Tue, 30 Aug 2022 08:35:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426959 The tribunal set aside the duty demand and penalty imposed on the appellant, a steel manufacturer, for alleged Central Excise duty evasion. The decision emphasized the lack of concrete evidence directly linking the appellant to the evasion, highlighting the insufficiency of third-party evidence. Penalties imposed on the appellant's officers and partners of another entity were also dismissed due to the absence of tangible evidence supporting the allegations. The judgment stressed the importance of substantial evidence in establishing duty liability and justifying penalties, ultimately ruling in favor of the appellants based on the insufficient evidence provided by third parties. Case-Laws Central Excise Thu, 18 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426959