TMI Blog2010 (6) TMI 854X X X X Extracts X X X X X X X X Extracts X X X X ..... irmation of demand of ₹ 3,14,236/- together with interest under : Section 11AB and equal penalty under Section 11AC of the Central Excise Act, 1944 on clandestine removal of 818 MTs of ingots seized on 5.7.2006, and the confiscation thereof with an option of redemption on payment of a fine of ₹ 1,81,280/-. 2. I have heard both sides. The charge of clandestine removal is based upo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ccounted for rightly in Form IV Raw Material Register. 3. Since the clinching evidence would consist of a report by the handwriting expert on whether the entries in the notebook of ingots stock were made by Yuvaraj as held by the Revenue and contested by the assessees, interest of justice requires that this vital information is obtained before proceeding to confirm the demand. I, therefore, set ..... X X X X Extracts X X X X X X X X Extracts X X X X
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