https://www.taxtmi.com/caselaws?id=235483 The appellate authority confirmed a shortage of 77.97 M.T. of finished goods during stock taking, reducing the penalty from Rs. 2,69,743/- to Rs. 15,000/- due to previous tribunal decisions. The appellant's plea of improper weighment and reconciliation of stock statements was rejected for lack of evidence. The Tribunal upheld the decision, emphasizing the appellant's admission of the shortage without contrary evidence. The shortage was deemed unexplained, leading to the dismissal of the appeal based on the precedent of Alagappa Cement (P) Ltd. vs. CCE, Chennai, stressing the necessity of providing satisfactory explanations for stock shortages. en-us Thu, 27 Jun 2013 00:00:00 +0530 Thu, 25 Jul 2013 07:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235483 The appellate authority confirmed a shortage of 77.97 M.T. of finished goods during stock taking, reducing the penalty from Rs. 2,69,743/- to Rs. 15,000/- due to previous tribunal decisions. The appellant's plea of improper weighment and reconciliation of stock statements was rejected for lack of evidence. The Tribunal upheld the decision, emphasizing the appellant's admission of the shortage without contrary evidence. The shortage was deemed unexplained, leading to the dismissal of the appeal based on the precedent of Alagappa Cement (P) Ltd. vs. CCE, Chennai, stressing the necessity of providing satisfactory explanations for stock shortages. Case-Laws Central Excise Thu, 27 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235483