https://www.taxtmi.com/forum/issue?id=109253 Department relies on physical stock; excess book stock in ER-1 may be treated as clandestine removal attracting duty and penalty unless the assessee proves otherwise with documentary evidence. Identify and document causes of discrepancy (weighing-method differences, returns from scrap yard), secure calibration and Legal Metrology records if relevant, write to the Range officer explaining reasons and notify intent to correct the next ER-1. If daily stock accounts reconcile, adjust in the upcoming ER-1 with intimation. Alternatively, consider invoicing and paying duty on excess to mitigate exposure. en-us Wed, 07 Oct 2015 16:12:49 +0530 Thu, 23 Jan 2025 15:56:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109253 Department relies on physical stock; excess book stock in ER-1 may be treated as clandestine removal attracting duty and penalty unless the assessee proves otherwise with documentary evidence. Identify and document causes of discrepancy (weighing-method differences, returns from scrap yard), secure calibration and Legal Metrology records if relevant, write to the Range officer explaining reasons and notify intent to correct the next ER-1. If daily stock accounts reconcile, adjust in the upcoming ER-1 with intimation. Alternatively, consider invoicing and paying duty on excess to mitigate exposure. Discussion-Forum Central Excise Wed, 07 Oct 2015 16:12:49 +0530 https://www.taxtmi.com/forum/issue?id=109253