https://www.taxtmi.com/caselaws?id=170028 The Tribunal set aside the order of the Commissioner (Appeals) and allowed the appeal in a case involving allegations of shortage in stock of finished goods and Cenvat credit availed MS scrap by a manufacturer of MS Ingots. The Tribunal concluded that the alleged shortage was not real as it was determined based on estimation rather than actual weighment. The penalty imposed under Section 11AC was deemed unjustified, leading to the decision in favor of the appellant. en-us Thu, 07 Aug 2014 00:00:00 +0530 Wed, 13 May 2015 18:37:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170028 The Tribunal set aside the order of the Commissioner (Appeals) and allowed the appeal in a case involving allegations of shortage in stock of finished goods and Cenvat credit availed MS scrap by a manufacturer of MS Ingots. The Tribunal concluded that the alleged shortage was not real as it was determined based on estimation rather than actual weighment. The penalty imposed under Section 11AC was deemed unjustified, leading to the decision in favor of the appellant. Case-Laws Central Excise Thu, 07 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170028