https://www.taxtmi.com/caselaws?id=120243 Separate RG-1 maintenance was not required for finished goods made from modvatable and non-modvatable inputs where stock correlation could be established from existing excise records such as Form-IV and RG-23A Part I. The appellate view was that the available records were sufficient to trace the disputed stock to non-modvatable inputs, and the revenue produced no effective material to rebut that explanation. On that basis, the claim for denial of relief on the ground of missing separate RG-1 records was not sustained, and the demand could not be enforced on the revenue's suggested basis. en-us Thu, 17 Aug 2006 00:00:00 +0530 Tue, 17 Jul 2012 17:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120243 Separate RG-1 maintenance was not required for finished goods made from modvatable and non-modvatable inputs where stock correlation could be established from existing excise records such as Form-IV and RG-23A Part I. The appellate view was that the available records were sufficient to trace the disputed stock to non-modvatable inputs, and the revenue produced no effective material to rebut that explanation. On that basis, the claim for denial of relief on the ground of missing separate RG-1 records was not sustained, and the demand could not be enforced on the revenue's suggested basis. Case-Laws Central Excise Thu, 17 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120243