https://www.taxtmi.com/caselaws?id=265056 Shortage of finished goods found during physical stock verification can support central excise duty only to the extent of the quantity actually found short, and not on any enhanced or formula-based computation. Where no further investigation proves clandestine removal or intent to evade duty, the penal consequence cannot be sustained. Duty was therefore confined to the stock shortage established by verification, while the penalty was set aside. en-us Wed, 18 Mar 2015 00:00:00 +0530 Tue, 06 Oct 2015 09:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265056 Shortage of finished goods found during physical stock verification can support central excise duty only to the extent of the quantity actually found short, and not on any enhanced or formula-based computation. Where no further investigation proves clandestine removal or intent to evade duty, the penal consequence cannot be sustained. Duty was therefore confined to the stock shortage established by verification, while the penalty was set aside. Case-Laws Central Excise Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265056