https://www.taxtmi.com/caselaws?id=165822 Duty could not be demanded on a small quantity of yarn alleged to be unaccounted for where the yarn had been received under bond and the manufacturer was operating under the compounded levy scheme. The yarn was entered in the assessee's accounts, duty was recoverable at the stage of clearance of fabrics, and monthly returns were filed accordingly. No evidence showed that the disputed quantity was clandestinely removed or not consumed in manufacture, and the relaxed account-keeping requirements under the scheme meant that inability to match the yarn precisely with finished fabrics did not by itself justify an adverse inference. The duty demand on the alleged unaccounted yarn was therefore not justified. en-us Thu, 27 Aug 1981 00:00:00 +0530 Tue, 12 Aug 2014 18:40:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165822 Duty could not be demanded on a small quantity of yarn alleged to be unaccounted for where the yarn had been received under bond and the manufacturer was operating under the compounded levy scheme. The yarn was entered in the assessee's accounts, duty was recoverable at the stage of clearance of fabrics, and monthly returns were filed accordingly. No evidence showed that the disputed quantity was clandestinely removed or not consumed in manufacture, and the relaxed account-keeping requirements under the scheme meant that inability to match the yarn precisely with finished fabrics did not by itself justify an adverse inference. The duty demand on the alleged unaccounted yarn was therefore not justified. Case-Laws Central Excise Thu, 27 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165822