https://www.taxtmi.com/caselaws?id=167580 Explanations for discrepancies in raw material stock and accounts were rejected because the unit's own register did not match the verified balance, and the plea of non-maintenance of accounts was insufficient. The claim that excess stearic acid resulted from moisture absorption was found implausible, while the shortage of liquid paraffin was treated as unsubstantiated and the later recovery was not accepted because it was raised only after seizure. The argument based on the unit's reputation was held irrelevant, and the Assistant Collector's order was upheld. en-us Sat, 23 Apr 1977 00:00:00 +0530 Thu, 25 Dec 2014 12:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167580 Explanations for discrepancies in raw material stock and accounts were rejected because the unit's own register did not match the verified balance, and the plea of non-maintenance of accounts was insufficient. The claim that excess stearic acid resulted from moisture absorption was found implausible, while the shortage of liquid paraffin was treated as unsubstantiated and the later recovery was not accepted because it was raised only after seizure. The argument based on the unit's reputation was held irrelevant, and the Assistant Collector's order was upheld. Case-Laws Central Excise Sat, 23 Apr 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167580