https://www.taxtmi.com/caselaws?id=251608 Non-accountal of finished goods in the R.G.-1 register was treated as evidence of excess stock and indicative of attempted clandestine removal, supporting confiscation. The explanation for the discrepancy was found unsatisfactory, and the repeated nature of the lapse reinforced the adverse inference. On that basis, the penalty was upheld as justified against the assessee. en-us Tue, 16 Sep 2014 00:00:00 +0530 Sat, 20 Sep 2014 10:10:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251608 Non-accountal of finished goods in the R.G.-1 register was treated as evidence of excess stock and indicative of attempted clandestine removal, supporting confiscation. The explanation for the discrepancy was found unsatisfactory, and the repeated nature of the lapse reinforced the adverse inference. On that basis, the penalty was upheld as justified against the assessee. Case-Laws Central Excise Tue, 16 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251608