Addition for alleged suppression of production not sustainable on mere order of excise duty evasion for earlier years

Brief of the Case ITAT Pune held In the case of M/s. Meta Rolls & Commodities Pvt. Ltd. vs. ACIT that in the instant assessment year i.e. 2010-11, there is no order of Commissioner of Central Excise and Customs and there is no evidence of any clandestine removal of goods without payment of Excise duty, found against the assessee. In the entirety of the above said facts and circumstances, there is no merit in any addition in the hands of assessee. Facts of the Case The issue raised in the bunch of appeals is against the addition made on account of suppressed production and sale in the respe...