https://www.taxtmi.com/caselaws?id=96195 The Tribunal dismissed the appellant's appeal against duty demand due to alleged shortage of fabrics, upholding the duty demand. The Tribunal found that the stock verification process was conducted diligently over seven days, with noted requests for re-verification by the appellant. The appellant's refusal to sign the panchanama did not invalidate the findings, and the presence of independent witnesses added credibility. The Tribunal deemed the appellant's actions suspicious, noting the lack of escalation of concerns during verification. Consequently, the duty demand was upheld due to the lack of substantial evidence supporting the appellant's claims of no shortage. en-us Thu, 17 May 2001 00:00:00 +0530 Sat, 17 Dec 2011 18:42:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96195 The Tribunal dismissed the appellant's appeal against duty demand due to alleged shortage of fabrics, upholding the duty demand. The Tribunal found that the stock verification process was conducted diligently over seven days, with noted requests for re-verification by the appellant. The appellant's refusal to sign the panchanama did not invalidate the findings, and the presence of independent witnesses added credibility. The Tribunal deemed the appellant's actions suspicious, noting the lack of escalation of concerns during verification. Consequently, the duty demand was upheld due to the lack of substantial evidence supporting the appellant's claims of no shortage. Case-Laws Central Excise Thu, 17 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96195