https://www.taxtmi.com/caselaws?id=770740 CESTAT Kolkata set aside excise duty demand and penalties against a sponge iron manufacturer and its managing director. The demand was based solely on input-output ratios and electricity consumption patterns without corroborative evidence of clandestine removal. The tribunal held that allegations of clandestine removal require tangible evidence including buyer statements, vehicle records, and cash transaction proof. The department's reliance on assumptions regarding production capacity using only iron ore content while ignoring other quality factors like tumbler index and coal content was insufficient. Since the primary demand was unsustainable, associated interest and penalties were also set aside. en-us Thu, 08 May 2025 00:00:00 +0530 Fri, 16 May 2025 08:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770740 CESTAT Kolkata set aside excise duty demand and penalties against a sponge iron manufacturer and its managing director. The demand was based solely on input-output ratios and electricity consumption patterns without corroborative evidence of clandestine removal. The tribunal held that allegations of clandestine removal require tangible evidence including buyer statements, vehicle records, and cash transaction proof. The department's reliance on assumptions regarding production capacity using only iron ore content while ignoring other quality factors like tumbler index and coal content was insufficient. Since the primary demand was unsustainable, associated interest and penalties were also set aside. Case-Laws Central Excise Thu, 08 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770740