https://www.taxtmi.com/caselaws?id=331147 The Tribunal allowed the appeal, setting aside the duty and penalty confirmed on the stock of raw material and finished goods found short during inspection. It criticized the rejection of the appellant's explanation without verification, emphasizing that the variation in stock levels was within normal limits for the method of calculation used. The Tribunal acknowledged the appellant's detailed explanation for the shortage of raw material and directed any consequential relief to the appellant in accordance with the law. en-us Fri, 17 Jun 2016 00:00:00 +0530 Wed, 04 Jan 2017 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331147 The Tribunal allowed the appeal, setting aside the duty and penalty confirmed on the stock of raw material and finished goods found short during inspection. It criticized the rejection of the appellant's explanation without verification, emphasizing that the variation in stock levels was within normal limits for the method of calculation used. The Tribunal acknowledged the appellant's detailed explanation for the shortage of raw material and directed any consequential relief to the appellant in accordance with the law. Case-Laws Central Excise Fri, 17 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331147