https://www.taxtmi.com/caselaws?id=352328 The Tribunal ruled in favor of the appellant, setting aside the confiscation and penalty imposed by the Commissioner (Appeals) for discrepancies in stock quantities of raw material and finished goods. The Tribunal found that the show cause notice lacked reference to the relevant legal provision and that penalties were not justified due to the method of stock verification and minor variations common in the industry. Consequently, the appeal was allowed, granting the appellant relief from the confiscation and penalty, in line with the law. en-us Mon, 16 Oct 2017 00:00:00 +0530 Wed, 13 Dec 2017 08:25:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352328 The Tribunal ruled in favor of the appellant, setting aside the confiscation and penalty imposed by the Commissioner (Appeals) for discrepancies in stock quantities of raw material and finished goods. The Tribunal found that the show cause notice lacked reference to the relevant legal provision and that penalties were not justified due to the method of stock verification and minor variations common in the industry. Consequently, the appeal was allowed, granting the appellant relief from the confiscation and penalty, in line with the law. Case-Laws Central Excise Mon, 16 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352328