https://www.taxtmi.com/caselaws?id=47083 The appeal under Section 35-G of the Central Excise Act against a CESTAT order, involving a shortage of finished goods and inputs, was dismissed by the court. The appellant's attempt to retract an admission of shortage made under duress was rejected, with the court emphasizing the lack of justification for the discrepancies found. The court upheld the Tribunal's decision, affirming the demand for duty and penalty, as the appellant failed to provide a credible explanation. The judgment emphasizes the importance of factual admissions and transparency in excise duty matters, leading to the prompt dismissal of the appeal. en-us Wed, 11 Aug 2004 00:00:00 +0530 Mon, 26 Jul 2010 18:40:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47083 The appeal under Section 35-G of the Central Excise Act against a CESTAT order, involving a shortage of finished goods and inputs, was dismissed by the court. The appellant's attempt to retract an admission of shortage made under duress was rejected, with the court emphasizing the lack of justification for the discrepancies found. The court upheld the Tribunal's decision, affirming the demand for duty and penalty, as the appellant failed to provide a credible explanation. The judgment emphasizes the importance of factual admissions and transparency in excise duty matters, leading to the prompt dismissal of the appeal. Case-Laws Central Excise Wed, 11 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47083