Clandestine removal - TMT Bars - statements accepting that goods ...
Appellate Tribunal overlooks unauthorized TMT Bars removal; Assessing Officer's demand u/s 14 of Central Excise Act upheld.
August 13, 2019
Case Laws Central Excise HC
Clandestine removal - TMT Bars - statements accepting that goods are dislodged from the factory without following procedure was duly recorded u/s 14 of the CE Act, was ignored or not taken into consideration by the appellate Tribunal - it is a case of acceptance and failure to explain the huge variation in the stock and the variations were not having been disputed, the demand so made and calculated by the AO was in conformity with the law
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