https://www.taxtmi.com/caselaws?id=83254 A duty demand based on stock discrepancy computed only on average weight, without reliable proof of the exact shortage or excess, was held unsustainable and set aside. By contrast, maintaining excise production records on estimated average weight rather than exact quantity was treated as an incorrect accounting method and sufficient to support penalty. The result was that the assessee succeeded on the duty demand issue, but the penalty was upheld. en-us Mon, 09 May 1994 00:00:00 +0530 Tue, 12 Jul 2011 11:24:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83254 A duty demand based on stock discrepancy computed only on average weight, without reliable proof of the exact shortage or excess, was held unsustainable and set aside. By contrast, maintaining excise production records on estimated average weight rather than exact quantity was treated as an incorrect accounting method and sufficient to support penalty. The result was that the assessee succeeded on the duty demand issue, but the penalty was upheld. Case-Laws Central Excise Mon, 09 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83254