https://www.taxtmi.com/caselaws?id=110659 Unexplained shortage of modvatable inputs reflected in statutory records was treated as sufficient to sustain duty liability, particularly where the appellant's partner could not explain the deficiency at verification and accepted it in statement. The challenge to the verification process failed because no contemporaneous objection or re-verification request was made. A penalty notice was also held valid where it clearly proposed penalty equal to duty and the wrong section number was treated as a typing error, causing no prejudice. The confirmed duty and penalty were sustained. en-us Thu, 15 Jan 2004 00:00:00 +0530 Wed, 18 Apr 2012 10:34:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110659 Unexplained shortage of modvatable inputs reflected in statutory records was treated as sufficient to sustain duty liability, particularly where the appellant's partner could not explain the deficiency at verification and accepted it in statement. The challenge to the verification process failed because no contemporaneous objection or re-verification request was made. A penalty notice was also held valid where it clearly proposed penalty equal to duty and the wrong section number was treated as a typing error, causing no prejudice. The confirmed duty and penalty were sustained. Case-Laws Central Excise Thu, 15 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110659