https://www.taxtmi.com/caselaws?id=263679 Goods returned by the buyer were treated as genuine, where the challan recorded the return before inspection, the quantity matched the stock found, and the return had been intimated to and accepted by the department. On those facts, no material showed that the goods were in fact unreturned or unaccounted. The Tribunal's view that the stock was not liable to confiscation, redemption fine or penalty was upheld, and the department's challenge failed. en-us Wed, 21 Jan 2015 00:00:00 +0530 Thu, 20 Aug 2015 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263679 Goods returned by the buyer were treated as genuine, where the challan recorded the return before inspection, the quantity matched the stock found, and the return had been intimated to and accepted by the department. On those facts, no material showed that the goods were in fact unreturned or unaccounted. The Tribunal's view that the stock was not liable to confiscation, redemption fine or penalty was upheld, and the department's challenge failed. Case-Laws Central Excise Wed, 21 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263679