https://www.taxtmi.com/caselaws?id=249447 Stock variation at a stockyard, by itself, was held insufficient to sustain duty, interest, or penalty where the alleged excess clearances from steel plants were not independently proved. The demand rested only on annual stock verification showing excess quantities of some products and shortages of others, but no evidence established actual unaccounted removal without payment of duty. The discrepancy could equally arise from weighing differences, product mix-up, or handling errors. On that basis, the demand and penalties were set aside and the appeal succeeded. en-us Tue, 04 Mar 2014 00:00:00 +0530 Tue, 18 Nov 2014 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249447 Stock variation at a stockyard, by itself, was held insufficient to sustain duty, interest, or penalty where the alleged excess clearances from steel plants were not independently proved. The demand rested only on annual stock verification showing excess quantities of some products and shortages of others, but no evidence established actual unaccounted removal without payment of duty. The discrepancy could equally arise from weighing differences, product mix-up, or handling errors. On that basis, the demand and penalties were set aside and the appeal succeeded. Case-Laws Central Excise Tue, 04 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249447