https://www.taxtmi.com/caselaws?id=97602 Confiscation and duty demand for finished goods claimed as duty-paid returned goods were set aside because the authority had not adequately verified the supporting duty documents or buyers' records; the matter was remanded for de novo adjudication. Duty demand and penalty on shortage of inputs against which Modvat credit had been taken were upheld because the shortage was admitted by the company's officer and no plausible explanation was established. The appeal therefore succeeded only on the finished goods issue, while the balance of the demand and penalty remained undisturbed. en-us Mon, 28 Aug 2000 00:00:00 +0530 Tue, 17 Jan 2012 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97602 Confiscation and duty demand for finished goods claimed as duty-paid returned goods were set aside because the authority had not adequately verified the supporting duty documents or buyers' records; the matter was remanded for de novo adjudication. Duty demand and penalty on shortage of inputs against which Modvat credit had been taken were upheld because the shortage was admitted by the company's officer and no plausible explanation was established. The appeal therefore succeeded only on the finished goods issue, while the balance of the demand and penalty remained undisturbed. Case-Laws Central Excise Mon, 28 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97602