Loose Sheets And Private Diaries Not Sufficient Evidence For Excise Duty Demand: CESTAT

CESTAT (Customs, Excise, and Service Tax Appellate Tribunal) has ruled that "loose sheets and private diaries are not sufficient evidence for an excise duty demand." The tribunal emphasized that while such documents might offer some indications, they cannot form the sole basis for demanding excise duty without corroborative evidence. This decision highlights the importance of concrete, verifiable evidence in tax assessments, protecting taxpayers from demands based merely on informal or unverified records.