https://www.taxtmi.com/caselaws?id=450497 Clandestine removal of excisable goods cannot be sustained on theoretical production calculations, assumptions, loose papers or uncorroborated statements; independent evidence such as excess raw material procurement, transport, buyers or other supporting material is required, and in its absence the allegation remains unproved. Denial of Cenvat credit on alleged non-utilisation of imported inputs also fails where the record shows import, movement to a job worker, payment of transportation charges, job-work billing and receipt of goods, with no material proving wrongful availment. On these facts, the demand, penalty and interest were set aside with consequential relief. en-us Wed, 06 Mar 2024 00:00:00 +0530 Thu, 07 Mar 2024 09:07:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450497 Clandestine removal of excisable goods cannot be sustained on theoretical production calculations, assumptions, loose papers or uncorroborated statements; independent evidence such as excess raw material procurement, transport, buyers or other supporting material is required, and in its absence the allegation remains unproved. Denial of Cenvat credit on alleged non-utilisation of imported inputs also fails where the record shows import, movement to a job worker, payment of transportation charges, job-work billing and receipt of goods, with no material proving wrongful availment. On these facts, the demand, penalty and interest were set aside with consequential relief. Case-Laws Central Excise Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450497