https://www.taxtmi.com/caselaws?id=259291 Mere differences in estimated component weights or an unreliable comparison of physical stock with incomplete computer records do not, by themselves, establish inflated consumption, clandestine clearance, or actual shortage so as to sustain duty demand and penalty. Duty on amortised basic customs duty and interest on moulds and dies was upheld, but penalty was not justified absent intent to evade. On admitted shortage of finished goods, duty with interest was sustained; however, because duty had been paid before the show cause notice, penalty was reduced. Confiscation of unaccounted finished goods was upheld, with a reduced redemption fine and the separate penalty for non-accountal set aside. en-us Fri, 13 Feb 2015 00:00:00 +0530 Wed, 06 May 2015 07:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259291 Mere differences in estimated component weights or an unreliable comparison of physical stock with incomplete computer records do not, by themselves, establish inflated consumption, clandestine clearance, or actual shortage so as to sustain duty demand and penalty. Duty on amortised basic customs duty and interest on moulds and dies was upheld, but penalty was not justified absent intent to evade. On admitted shortage of finished goods, duty with interest was sustained; however, because duty had been paid before the show cause notice, penalty was reduced. Confiscation of unaccounted finished goods was upheld, with a reduced redemption fine and the separate penalty for non-accountal set aside. Case-Laws Central Excise Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259291