https://www.taxtmi.com/caselaws?id=84505 A demand for duty and penalty on alleged shortage of hexane received under Chapter X could not be sustained where stock verification was not shown to have been conducted in accordance with the approved calibration chart. Although the licensee bore the burden of accounting for concessionally procured goods under Rule 196 of the Central Excise Rules, 1944, the evidentiary basis for the shortage was doubtful because officers relied on a dip method and produced only a working copy of the calibration chart. The assessee's explanation that significant quantity remained in process was not properly investigated, so the demand failed on the material before the authority and relief was justified. en-us Tue, 11 Jul 1995 00:00:00 +0530 Fri, 22 Jul 2011 13:20:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84505 A demand for duty and penalty on alleged shortage of hexane received under Chapter X could not be sustained where stock verification was not shown to have been conducted in accordance with the approved calibration chart. Although the licensee bore the burden of accounting for concessionally procured goods under Rule 196 of the Central Excise Rules, 1944, the evidentiary basis for the shortage was doubtful because officers relied on a dip method and produced only a working copy of the calibration chart. The assessee's explanation that significant quantity remained in process was not properly investigated, so the demand failed on the material before the authority and relief was justified. Case-Laws Central Excise Tue, 11 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84505