https://www.taxtmi.com/caselaws?id=3054 Confiscation of alleged excess sponge iron cannot rest merely on estimated stock computation. Stock held in silos, bags and loose form was quantified through dip readings, average bag weight and estimation of loose stock. Because the total quantity, and therefore the alleged excess, was determined on an estimation basis, the excess goods were not liable to confiscation on that computation alone. The order setting aside confiscation was sustained, and the challenge to that relief failed. en-us Fri, 21 Sep 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3054 Confiscation of alleged excess sponge iron cannot rest merely on estimated stock computation. Stock held in silos, bags and loose form was quantified through dip readings, average bag weight and estimation of loose stock. Because the total quantity, and therefore the alleged excess, was determined on an estimation basis, the excess goods were not liable to confiscation on that computation alone. The order setting aside confiscation was sustained, and the challenge to that relief failed. Case-Laws Central Excise Fri, 21 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3054