https://www.taxtmi.com/caselaws?id=782074 CESTAT Kolkata allowed the appeal, setting aside the demand of central excise duty, interest, and penalty for alleged clandestine manufacture and clearance. It held that the demand, based solely on input-output ratios without corroborative or direct evidence, was unsustainable, as the Department failed to establish any suppression of production or clandestine removal. The Tribunal found the computation of demand factually incorrect, noting that iron ore consumption figures included iron ore fines used for sinter production, duly disclosed in statutory records and supported by a CA certificate. CESTAT further held that the proceedings were time-barred, as the notice was issued more than three years after the audit. en-us Fri, 21 Nov 2025 00:00:00 +0530 Tue, 25 Nov 2025 08:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782074 CESTAT Kolkata allowed the appeal, setting aside the demand of central excise duty, interest, and penalty for alleged clandestine manufacture and clearance. It held that the demand, based solely on input-output ratios without corroborative or direct evidence, was unsustainable, as the Department failed to establish any suppression of production or clandestine removal. The Tribunal found the computation of demand factually incorrect, noting that iron ore consumption figures included iron ore fines used for sinter production, duly disclosed in statutory records and supported by a CA certificate. CESTAT further held that the proceedings were time-barred, as the notice was issued more than three years after the audit. Case-Laws Central Excise Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782074