https://www.taxtmi.com/article/detailed?id=11459 The tribunal held that comparing estimated production figures in returns with volumetrically estimated physical stock is inherently unreliable for imposing excise duty; duty requires evidence of actual removal or clandestine diversion. It found the confirming order relied on parameters different from the show cause notices and that invocation of the proviso to the penalty provision without allegations of fraud or willful misstatement exceeded the scope of the notices. en-us Sat, 03 Jun 2023 08:56:01 +0530 Sat, 03 Jun 2023 08:56:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11459 The tribunal held that comparing estimated production figures in returns with volumetrically estimated physical stock is inherently unreliable for imposing excise duty; duty requires evidence of actual removal or clandestine diversion. It found the confirming order relied on parameters different from the show cause notices and that invocation of the proviso to the penalty provision without allegations of fraud or willful misstatement exceeded the scope of the notices. Articles Central Excise Sat, 03 Jun 2023 08:56:01 +0530 https://www.taxtmi.com/article/detailed?id=11459