https://www.taxtmi.com/caselaws?id=234974 The Government set aside the order-in-appeal and reinstated the original order, holding the respondents liable for duty on shortage quantities of petroleum products beyond condonable limits. The Commissioner's erroneous allowance of losses up to 1% without specific reasons was overturned, emphasizing adherence to prescribed condonable limits. The penalty imposed under Rule 25 of the Central Excise Rules, 2002 was deemed unwarranted and revoked due to the respondent's status as a Public Sector Undertaking. en-us Thu, 03 May 2012 00:00:00 +0530 Sat, 06 Jul 2013 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234974 The Government set aside the order-in-appeal and reinstated the original order, holding the respondents liable for duty on shortage quantities of petroleum products beyond condonable limits. The Commissioner's erroneous allowance of losses up to 1% without specific reasons was overturned, emphasizing adherence to prescribed condonable limits. The penalty imposed under Rule 25 of the Central Excise Rules, 2002 was deemed unwarranted and revoked due to the respondent's status as a Public Sector Undertaking. Case-Laws Central Excise Thu, 03 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234974