https://www.taxtmi.com/caselaws?id=126570 The appeal was allowed by way of remand for a fresh decision by the lower appellate authority, emphasizing the importance of thorough examination of stock verification and duty payment obligations. The case highlighted the duty of the assessee to explain any shortages in stock of inputs and finished goods for which duty credit has been taken, and the necessity for accurate stock verification to ensure correct recording of production and duty payment. The matter was remanded for a fresh decision after hearing both sides, including stock taking officials, to determine actual shortages and duty payment obligations. en-us Tue, 06 Jan 2009 00:00:00 +0530 Thu, 22 Nov 2012 12:26:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126570 The appeal was allowed by way of remand for a fresh decision by the lower appellate authority, emphasizing the importance of thorough examination of stock verification and duty payment obligations. The case highlighted the duty of the assessee to explain any shortages in stock of inputs and finished goods for which duty credit has been taken, and the necessity for accurate stock verification to ensure correct recording of production and duty payment. The matter was remanded for a fresh decision after hearing both sides, including stock taking officials, to determine actual shortages and duty payment obligations. Case-Laws Central Excise Tue, 06 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126570