2001 (1) TMI 153 - AT - Central Excise

Summary

The appellate tribunal set aside the order imposing duty and penalty on the appellant for allegedly indulging in clandestine manufacture and clearance of final products. The tribunal found that the charge was solely based on annual returns filed with the District Industries Centre, which were later rectified by the appellants. Citing previous decisions, the tribunal ruled that the mere declaration of inflated sales figures to the department was not sufficient to establish clandestine removal of goods. The appeal was allowed in favor of the appellants.