https://www.taxtmi.com/caselaws?id=271745 The Tribunal set aside the confirmed duty demand, interest, and penalty imposed on a manufacturer of MS Ingots due to shortages of inputs and finished goods found during stock weighing. The appellant successfully argued that the shortages were a result of weighment being done on an average basis, leading to variations, and provided a plausible explanation for the discrepancies. The Tribunal held that without evidence of clandestine removal, shortages alone cannot establish duty evasion, ultimately ruling in favor of the appellant and allowing the appeal. en-us Mon, 22 Jun 2015 00:00:00 +0530 Tue, 16 Feb 2016 06:15:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271745 The Tribunal set aside the confirmed duty demand, interest, and penalty imposed on a manufacturer of MS Ingots due to shortages of inputs and finished goods found during stock weighing. The appellant successfully argued that the shortages were a result of weighment being done on an average basis, leading to variations, and provided a plausible explanation for the discrepancies. The Tribunal held that without evidence of clandestine removal, shortages alone cannot establish duty evasion, ultimately ruling in favor of the appellant and allowing the appeal. Case-Laws Central Excise Mon, 22 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271745