https://www.taxtmi.com/caselaws?id=768451 CESTAT Kolkata set aside central excise demands totaling Rs. 8,67,833 against appellant company and personal penalty on Managing Director. Court found demands based on computer printouts unsustainable as sister concern's case with identical evidence was previously decided favorably. Stock shortage of 46.359 MT attributed to accounting methodology differences between average weight recording and actual weight verification, normal in steel industry. Revenue failed to provide corroborative evidence for clandestine removal allegations. Interest and penalties also set aside. Appeal allowed. en-us Fri, 04 Apr 2025 00:00:00 +0530 Mon, 07 Apr 2025 15:45:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768451 CESTAT Kolkata set aside central excise demands totaling Rs. 8,67,833 against appellant company and personal penalty on Managing Director. Court found demands based on computer printouts unsustainable as sister concern's case with identical evidence was previously decided favorably. Stock shortage of 46.359 MT attributed to accounting methodology differences between average weight recording and actual weight verification, normal in steel industry. Revenue failed to provide corroborative evidence for clandestine removal allegations. Interest and penalties also set aside. Appeal allowed. Case-Laws Central Excise Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768451