https://www.taxtmi.com/caselaws?id=759405 A demand founded solely on a third-party investigation, without independent corroboration at the assessee's premises, could not be sustained where contemporaneous records, departmental visits, Range Officer verification, toll barrier entries, and other evidence supported commercial production and movement of goods. The Tribunal held that assumptions about non-genuine purchases and manufacture were insufficient in a record-based adjudication, especially where earlier decisions arising from the same investigation had rejected the allegations for want of concrete evidence. On that basis, the demand, interest, and penalty failed, and the assessee was entitled to exemption under Notification No. 56/2002-C.E. en-us Fri, 27 Sep 2024 00:00:00 +0530 Mon, 30 Sep 2024 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759405 A demand founded solely on a third-party investigation, without independent corroboration at the assessee's premises, could not be sustained where contemporaneous records, departmental visits, Range Officer verification, toll barrier entries, and other evidence supported commercial production and movement of goods. The Tribunal held that assumptions about non-genuine purchases and manufacture were insufficient in a record-based adjudication, especially where earlier decisions arising from the same investigation had rejected the allegations for want of concrete evidence. On that basis, the demand, interest, and penalty failed, and the assessee was entitled to exemption under Notification No. 56/2002-C.E. Case-Laws Central Excise Fri, 27 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759405