https://www.taxtmi.com/caselaws?id=80629 Unexplained stock shortage, together with unaccounted goods found in factory premises, can support an inference of clandestine removal even without direct proof of removal or sale. On that basis, duty demand, confiscation and penalty may follow, subject to any relief on redemption fine where the facts warrant it. Where suppression is quantified by comparing statutory records with private production records, excess entries in the statutory record on other dates should be credited against short entries, so duty is confined to the net shortage after adjustment. The stated ratio emphasises both circumstantial proof of suppression and fair netting of records for duty computation. en-us Fri, 27 Apr 1990 00:00:00 +0530 Sat, 18 Jun 2011 11:26:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80629 Unexplained stock shortage, together with unaccounted goods found in factory premises, can support an inference of clandestine removal even without direct proof of removal or sale. On that basis, duty demand, confiscation and penalty may follow, subject to any relief on redemption fine where the facts warrant it. Where suppression is quantified by comparing statutory records with private production records, excess entries in the statutory record on other dates should be credited against short entries, so duty is confined to the net shortage after adjustment. The stated ratio emphasises both circumstantial proof of suppression and fair netting of records for duty computation. Case-Laws Central Excise Fri, 27 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80629