https://www.taxtmi.com/caselaws?id=47423 Demand and penalty based solely on a wage statement could not stand where the defence founded on ESI and Provident Fund returns had already been accepted and remained unchallenged. With that defence accepted, the only material left was a wage-based statement, and the liability was inferred from surmise and conjecture rather than proved facts. The Tribunal therefore treated the Collector's order as unsustainable because it lacked reliable evidentiary support. The demand and penalty were held unsustainable, and the appeal failed. en-us Thu, 29 Sep 2005 00:00:00 +0530 Mon, 21 Apr 2014 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47423 Demand and penalty based solely on a wage statement could not stand where the defence founded on ESI and Provident Fund returns had already been accepted and remained unchallenged. With that defence accepted, the only material left was a wage-based statement, and the liability was inferred from surmise and conjecture rather than proved facts. The Tribunal therefore treated the Collector's order as unsustainable because it lacked reliable evidentiary support. The demand and penalty were held unsustainable, and the appeal failed. Case-Laws Central Excise Thu, 29 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47423