https://www.taxtmi.com/caselaws?id=336276 Stock-shortage demands are sustainable where the record supports the shortage and the violation is otherwise established, even if the assessee disputes the verification method as an eye estimate. The challenge that the duty demand and penalties were not based on exact scientific quantification did not, by itself, defeat the demand when the underlying material substantiated the shortage. The duty appropriation and connected penalties were therefore upheld, and the appeals failed. en-us Wed, 30 Nov 2016 00:00:00 +0530 Mon, 19 Dec 2016 10:53:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336276 Stock-shortage demands are sustainable where the record supports the shortage and the violation is otherwise established, even if the assessee disputes the verification method as an eye estimate. The challenge that the duty demand and penalties were not based on exact scientific quantification did not, by itself, defeat the demand when the underlying material substantiated the shortage. The duty appropriation and connected penalties were therefore upheld, and the appeals failed. Case-Laws Central Excise Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336276