https://www.taxtmi.com/caselaws?id=115308 Excess excisable stock cannot be sustained where the quantity is computed on a purely notional average weight rather than by actual weighment or another reliable verification method. A stock discrepancy based only on an untested assumption is unsafe as a foundation for confiscation or penalty, especially where the goods can be weighed directly and the assessee promptly disputes the assumption with an alternative weight range. The legal point is that stock liability in excise matters must rest on dependable factual verification, not conjecture. en-us Mon, 28 Feb 2005 00:00:00 +0530 Fri, 25 May 2012 18:10:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115308 Excess excisable stock cannot be sustained where the quantity is computed on a purely notional average weight rather than by actual weighment or another reliable verification method. A stock discrepancy based only on an untested assumption is unsafe as a foundation for confiscation or penalty, especially where the goods can be weighed directly and the assessee promptly disputes the assumption with an alternative weight range. The legal point is that stock liability in excise matters must rest on dependable factual verification, not conjecture. Case-Laws Central Excise Mon, 28 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115308