https://www.taxtmi.com/caselaws?id=112767 Shortages in duty-paid inputs were not excused on the basis of alleged flood loss because no reliable evidence from meteorological authorities or other corroboration of heavy flooding or related damage was produced. In the absence of credible proof supporting the explanation, the duty demand was held payable and the penalty under Section 11AC read with Rule 57U(1)(4) was upheld against the appellant. en-us Fri, 07 Nov 2003 00:00:00 +0530 Tue, 01 May 2012 16:50:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112767 Shortages in duty-paid inputs were not excused on the basis of alleged flood loss because no reliable evidence from meteorological authorities or other corroboration of heavy flooding or related damage was produced. In the absence of credible proof supporting the explanation, the duty demand was held payable and the penalty under Section 11AC read with Rule 57U(1)(4) was upheld against the appellant. Case-Laws Central Excise Fri, 07 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112767