https://www.taxtmi.com/caselaws?id=94616 Stock discrepancies in excise records, supported by admissions and contemporaneous mahazar evidence, were treated as sufficient to justify duty demand, confiscation and redemption fine for shortages and excess stock. Clandine removals of tin containers and components without gate passes were also sustained on the basis of transport records, consignment notes, debit notes and corroborative statements. On valuation, corrugated carton value required fresh factual examination to separate durable returnable packing from includible packing and was remanded. Escalation charges and the cost of plastic caps, liners and other fittings used in Balvikas boxes were held to form part of assessable value. The company's penalty and redemption fine were reduced, while officers' penalties were maintained. en-us Thu, 13 Aug 1998 00:00:00 +0530 Fri, 02 Dec 2011 15:36:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94616 Stock discrepancies in excise records, supported by admissions and contemporaneous mahazar evidence, were treated as sufficient to justify duty demand, confiscation and redemption fine for shortages and excess stock. Clandine removals of tin containers and components without gate passes were also sustained on the basis of transport records, consignment notes, debit notes and corroborative statements. On valuation, corrugated carton value required fresh factual examination to separate durable returnable packing from includible packing and was remanded. Escalation charges and the cost of plastic caps, liners and other fittings used in Balvikas boxes were held to form part of assessable value. The company's penalty and redemption fine were reduced, while officers' penalties were maintained. Case-Laws Central Excise Thu, 13 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94616