https://www.taxtmi.com/caselaws?id=91798 Under the Modvat scheme, credit on inputs is confined to the actual quantity received in the factory and used in manufacture when the assessee weighs the goods on receipt and finds a shortage against the duty-paying documents. The text states that the demand was therefore sustained. On limitation, non-disclosure of the shortage from the weighment sheets supported invocation of the extended period because the department lacked corresponding knowledge. The penalty, however, was held unwarranted on the facts and set aside, despite the confirmed demand. en-us Mon, 10 May 1999 00:00:00 +0530 Fri, 21 Oct 2011 10:47:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91798 Under the Modvat scheme, credit on inputs is confined to the actual quantity received in the factory and used in manufacture when the assessee weighs the goods on receipt and finds a shortage against the duty-paying documents. The text states that the demand was therefore sustained. On limitation, non-disclosure of the shortage from the weighment sheets supported invocation of the extended period because the department lacked corresponding knowledge. The penalty, however, was held unwarranted on the facts and set aside, despite the confirmed demand. Case-Laws Central Excise Mon, 10 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91798