https://www.taxtmi.com/caselaws?id=120709 Duty on shortages of finished excisable castings was held sustainable where internal audit records and statements of production and accounts personnel corroborated the discrepancy and the assessee gave no convincing explanation; the claimed work-in-progress and accounting error explanation was not accepted. The demand relating to excess goods could not be finally sustained on the existing record because it was unclear whether duty had already been paid at the time of clearance, so limited remand for factual verification was required. The discussion thus turns on corroborated stock shortage, adequacy of explanation, and the need for verification before confirming demand on excess goods. en-us Mon, 11 Dec 2006 00:00:00 +0530 Mon, 23 Jul 2012 16:54:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120709 Duty on shortages of finished excisable castings was held sustainable where internal audit records and statements of production and accounts personnel corroborated the discrepancy and the assessee gave no convincing explanation; the claimed work-in-progress and accounting error explanation was not accepted. The demand relating to excess goods could not be finally sustained on the existing record because it was unclear whether duty had already been paid at the time of clearance, so limited remand for factual verification was required. The discussion thus turns on corroborated stock shortage, adequacy of explanation, and the need for verification before confirming demand on excess goods. Case-Laws Central Excise Mon, 11 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120709