2016 (9) TMI 34

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...., Supdt. (AR) for Respondent ORDER The appellant, M/s Suma Pharmaceuticals Pvt. Ltd., were issued show-cause notice demanding duty on various issues. All issues except one have been settled by the lower authorities. The only issue that remains is the demand based on difference between the closing stocks recorded in the Balance sheet of the year 2006-07, 2007-08 and 2008-09 with reference to ....

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....owing case laws for this purpose: -   (i)  Raam Tyres Ltd. - 2005 (188) ELT 408 (Tri-Bang)   (ii)  Paro Food Products - 2005 (184) ELT 50 (Tri-Bang)   (iii)  Vidarbha Winding Wires Ltd. - 2008 (229) ELT 218 (Tri) He further argued that there is absolutely no evidence of any clandestine clearance and in such circumstances, demand cannot be....