https://www.taxtmi.com/caselaws?id=339129 The Tribunal set aside the demand of excise duty amounting to Rs. 1,06,774 imposed on the appellant due to an alleged shortage of finished goods during stock taking. The Tribunal found that the departmental officers failed to verify the appellant's claim that the goods were present in a different location within the factory, violating principles of natural justice. Additionally, the appellant had cleared the entire quantity recorded in the RG1 register post stock taking, indicating no actual shortage. Therefore, the Tribunal ruled in favor of the appellant, concluding that the demand based on the incorrect shortage assessment was unsustainable. en-us Fri, 27 Jan 2017 00:00:00 +0530 Mon, 20 Feb 2017 00:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339129 The Tribunal set aside the demand of excise duty amounting to Rs. 1,06,774 imposed on the appellant due to an alleged shortage of finished goods during stock taking. The Tribunal found that the departmental officers failed to verify the appellant's claim that the goods were present in a different location within the factory, violating principles of natural justice. Additionally, the appellant had cleared the entire quantity recorded in the RG1 register post stock taking, indicating no actual shortage. Therefore, the Tribunal ruled in favor of the appellant, concluding that the demand based on the incorrect shortage assessment was unsustainable. Case-Laws Central Excise Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339129