CESTAT quashes Excise Duty Demand on Clandestine Clearance of Sponge Iron on ground of Absence of Corroborative Evidence [Read Order]

CESTAT - Excise Duty Demand - Excise Duty - Clandestine Clearance - Sponge Iron - Absence of Corroborative Evidence - TAXSCAN

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the excise duty demand on the clandestine removal of sponge iron on the grounds of absence of corroborative evidence.  Aryan Ispat and Power Pvt. Ltd, the appellant assessee was a manufacturer of Sponge Iron, and the manufacture of 1 MT of…

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