https://www.taxtmi.com/caselaws?id=89921 A negligible mismatch between physical stock and book stock was treated as insufficient to justify confiscation or penalty under Central Excise law. Minor excesses and shortages in stock verification may be adjusted under Rule 223A, and penal consequences are appropriate only where the variation is substantial or indicates clandestine removal. On the stated facts, the tiny discrepancy did not reasonably support an inference of evasion, so confiscation and penalty were held unsustainable. en-us Mon, 16 Nov 1998 00:00:00 +0530 Fri, 30 Sep 2011 15:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89921 A negligible mismatch between physical stock and book stock was treated as insufficient to justify confiscation or penalty under Central Excise law. Minor excesses and shortages in stock verification may be adjusted under Rule 223A, and penal consequences are appropriate only where the variation is substantial or indicates clandestine removal. On the stated facts, the tiny discrepancy did not reasonably support an inference of evasion, so confiscation and penalty were held unsustainable. Case-Laws Central Excise Mon, 16 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89921