https://www.taxtmi.com/caselaws?id=330431 The tribunal set aside the duty demand and penalty imposed on the appellant for shortages of H.B. wires during stock verification. It was held that the demand based on rough estimations without corroborative evidence of clandestine activities could not be sustained. The appellant's arguments regarding the lack of actual weighment during stock verification, the absence of irregularities in records, and the failure to verify semi-finished goods were considered. The appeal was allowed, emphasizing that a mere shortage of raw materials does not prove clandestine removal. en-us Fri, 15 Jul 2016 00:00:00 +0530 Wed, 04 Jan 2017 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330431 The tribunal set aside the duty demand and penalty imposed on the appellant for shortages of H.B. wires during stock verification. It was held that the demand based on rough estimations without corroborative evidence of clandestine activities could not be sustained. The appellant's arguments regarding the lack of actual weighment during stock verification, the absence of irregularities in records, and the failure to verify semi-finished goods were considered. The appeal was allowed, emphasizing that a mere shortage of raw materials does not prove clandestine removal. Case-Laws Central Excise Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330431