https://www.taxtmi.com/caselaws?id=256223 Unexplained shortages detected during factory stock verification, supported by a detailed panchnama, weighment and the participation of the authorised representative, justified confirmation of central excise duty demand. The Tribunal accepted that the shortage of finished goods and inputs was real because it was not satisfactorily explained, and the later voluntary debit of duty reinforced that conclusion. The argument that the shortages were insignificant in percentage terms did not negate the finding that identifiable excisable goods were short. Reduced penalties were also sustained, as the verification method was credible and the cited authorities were factually distinguishable. en-us Fri, 09 Jan 2015 00:00:00 +0530 Fri, 06 Feb 2015 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256223 Unexplained shortages detected during factory stock verification, supported by a detailed panchnama, weighment and the participation of the authorised representative, justified confirmation of central excise duty demand. The Tribunal accepted that the shortage of finished goods and inputs was real because it was not satisfactorily explained, and the later voluntary debit of duty reinforced that conclusion. The argument that the shortages were insignificant in percentage terms did not negate the finding that identifiable excisable goods were short. Reduced penalties were also sustained, as the verification method was credible and the cited authorities were factually distinguishable. Case-Laws Central Excise Fri, 09 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256223