https://www.taxtmi.com/caselaws?id=100216 Shortage of marble slabs found during stock verification supported a duty demand because the measurements were taken in the presence of concerned persons and the verification report recorded individual slab dimensions and quantity in cubic metres. The assessee's explanation did not displace those findings, so the duty demand was upheld. On penalty, the text states that the maximum penalty under Section 11AC was not mandatory in every case; the company's penalty was therefore reduced to Rs. 8,000. The personal penalty on the authorised signatory under Rule 209A was set aside because the record did not establish a sufficient factual basis for fastening liability. en-us Fri, 27 Jul 2001 00:00:00 +0530 Tue, 31 Jan 2012 16:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100216 Shortage of marble slabs found during stock verification supported a duty demand because the measurements were taken in the presence of concerned persons and the verification report recorded individual slab dimensions and quantity in cubic metres. The assessee's explanation did not displace those findings, so the duty demand was upheld. On penalty, the text states that the maximum penalty under Section 11AC was not mandatory in every case; the company's penalty was therefore reduced to Rs. 8,000. The personal penalty on the authorised signatory under Rule 209A was set aside because the record did not establish a sufficient factual basis for fastening liability. Case-Laws Central Excise Fri, 27 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100216