https://www.taxtmi.com/caselaws?id=30701 Cenvat credit on goods claimed to have been returned under Rule 16 was denied because the assessee failed to prove actual return or properly correlate dispatch and receipt movements; the consequent interest and equal penalty were upheld. Confiscation of goods found in the factory was set aside because they were under packing and labelling and there was no evidence of intended clandestine clearance. The separate Rule 25 penalty on the company was also set aside, and the penalty on the Managing Director was deleted for want of reliable evidence of personal involvement. en-us Mon, 10 Sep 2007 00:00:00 +0530 Tue, 16 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30701 Cenvat credit on goods claimed to have been returned under Rule 16 was denied because the assessee failed to prove actual return or properly correlate dispatch and receipt movements; the consequent interest and equal penalty were upheld. Confiscation of goods found in the factory was set aside because they were under packing and labelling and there was no evidence of intended clandestine clearance. The separate Rule 25 penalty on the company was also set aside, and the penalty on the Managing Director was deleted for want of reliable evidence of personal involvement. Case-Laws Central Excise Mon, 10 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30701