https://www.taxtmi.com/caselaws?id=354525 The Tribunal set aside the Revenue's demands for shortages in finished goods and denial of Cenvat credit on inputs against the appellant, engaged in manufacturing motor vehicle parts. The Tribunal ruled that the discrepancies in inventory, amounting to 0.29% of total consumption, were due to the accounting method based on weight and not indicative of illicit removal of goods. Without evidence of clandestine activities, the Tribunal found the demands unjustified and allowed the appeals, providing relief to the appellants. en-us Fri, 03 Nov 2017 00:00:00 +0530 Wed, 31 Jan 2018 08:04:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354525 The Tribunal set aside the Revenue's demands for shortages in finished goods and denial of Cenvat credit on inputs against the appellant, engaged in manufacturing motor vehicle parts. The Tribunal ruled that the discrepancies in inventory, amounting to 0.29% of total consumption, were due to the accounting method based on weight and not indicative of illicit removal of goods. Without evidence of clandestine activities, the Tribunal found the demands unjustified and allowed the appeals, providing relief to the appellants. Case-Laws Central Excise Fri, 03 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354525