https://www.taxtmi.com/caselaws?id=787392 Revenue failed to produce affirmative, tangible and corroborative evidence linking seized cash or seized goods to clandestine removals; claimants produced documentary explanations and registers which were not controverted. Demands based on theoretical input output calculations and selective reliance on Form IV without enquiries into buyers, transport, receipt of consideration or QTR corroboration were held unsustainable. Penalties requiring proof of wilful suppression were set aside because the foundational duty demands and confiscation findings lacked independent corroboration. All impugned confiscations, duty demands and penalties were annulled and appeals allowed. en-us Tue, 03 Mar 2026 00:00:00 +0530 Thu, 05 Mar 2026 08:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787392 Revenue failed to produce affirmative, tangible and corroborative evidence linking seized cash or seized goods to clandestine removals; claimants produced documentary explanations and registers which were not controverted. Demands based on theoretical input output calculations and selective reliance on Form IV without enquiries into buyers, transport, receipt of consideration or QTR corroboration were held unsustainable. Penalties requiring proof of wilful suppression were set aside because the foundational duty demands and confiscation findings lacked independent corroboration. All impugned confiscations, duty demands and penalties were annulled and appeals allowed. Case-Laws Central Excise Tue, 03 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787392