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Central Excise - Highlights / Catch Notes

Home Highlights August 2023 Year 2023 This

Clandestine Removal - Demand based on Balance Sheet / Profit and ...

Central Excise

August 8, 2023

Clandestine Removal - Demand based on Balance Sheet / Profit and loss account figures - There must be some positive evidence brought on record to substantiate the allegation of clandestine clearance. Mere allegation of shortage based on the difference in sales figures found between the balance sheet and the and ER-1 Returns, cannot be the basis for confirming the central excise duty on the differential quantity. - AT

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