https://www.taxtmi.com/caselaws?id=54454 Allegations of clandestine manufacture and removal cannot be sustained solely on private records and presumptions; corroborative evidence such as excess electricity use, unaccounted raw material procurement, identifiable buyers, or cash realisation is required. In the absence of such supporting material and where the authors of private records were not cross-examined, duty, penalty, fine and interest based on clandestine clearances were set aside. The admitted Modvat credit on inputs was separately confirmed because it was not in dispute. en-us Wed, 19 Jan 2005 00:00:00 +0530 Sat, 15 Jun 2024 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54454 Allegations of clandestine manufacture and removal cannot be sustained solely on private records and presumptions; corroborative evidence such as excess electricity use, unaccounted raw material procurement, identifiable buyers, or cash realisation is required. In the absence of such supporting material and where the authors of private records were not cross-examined, duty, penalty, fine and interest based on clandestine clearances were set aside. The admitted Modvat credit on inputs was separately confirmed because it was not in dispute. Case-Laws Central Excise Wed, 19 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54454