Case Law Details
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 respective hands on the basis of order passed by the Commissioner of Central Excise and Customs, Aurangabad for the earlier years and on the basis of evasion of Excise duty by steel manufacturers in Jalna cluster found by DGCEI for the earlier years.
Contention of the Assessee
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