2024 (9) TMI 836

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....AL ) Shri Ishan Bhatt, Advocate for the Appellant Shri Tara Prakash, Deputy Commissioner (AR) for the Respondent ORDER Issue involved in brief are as under :- (i) Whether income shown in Profit and Loss Account can be presumed as income from sale of dutiable goods and subjected to excise duty in absence of any other evidence? (ii) Whether CENVAT credit availed based o....

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.... of Rs. 4,94,842/- the same was raised on the presumption basis on the difference of amount between ER- 1 and profit and loss account for the year 2016-2017. However, neither in the show cause notice nor in the adjudication order any justification was given that the said difference is on what account. 2.1. He submits that appellant have submitted all the documents explaining the difference. How....

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.... High Court • Shubham Electricals v. CST & ST, Rohtak 2015 (40) S.T.R. 1034 (Tri. - Del.) Affirmed by Hon'ble Delhi High Court in 2016 (42) S.T.R. J312 (Del.) • M/s GEPS Projects v. CCE, Noida 2018 (9) TMI 1517 - CESTAT ALLAHABAD • M/s Coromandel Infotech India Ltd. v. Commissioner of GST and C.Ε. - 2019 (1) TMI 323 3. Shri Tara Prakash, Deputy....