https://www.taxtmi.com/caselaws?id=428908 Penalties for alleged clandestine removal were held unsustainable because the record lacked reasonable basis and direct corroborative evidence. The Tribunal noted that no interception of goods removed without invoices or challans was established, and the available material, including installed production capacity and declared clearances, did not justify penal consequences under Section 11AC for the company or Rule 209A for the directors. The penalty portion was therefore set aside, while the duty-related determination already worked out in remand proceedings was left undisturbed. en-us Tue, 11 Oct 2022 00:00:00 +0530 Fri, 14 Oct 2022 08:47:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428908 Penalties for alleged clandestine removal were held unsustainable because the record lacked reasonable basis and direct corroborative evidence. The Tribunal noted that no interception of goods removed without invoices or challans was established, and the available material, including installed production capacity and declared clearances, did not justify penal consequences under Section 11AC for the company or Rule 209A for the directors. The penalty portion was therefore set aside, while the duty-related determination already worked out in remand proceedings was left undisturbed. Case-Laws Central Excise Tue, 11 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428908