https://www.taxtmi.com/caselaws?id=276568 The Tribunal set aside the decision regarding the confiscation and penalties imposed on the appellant for the excess stock of finished goods. It found that the method of physical verification used was inadequate as it relied on eye estimation rather than actual weighment. The Tribunal concluded that the show cause notice based on this estimation was not valid. The appeal was allowed, emphasizing the importance of proper stock verification methods and the need for concrete evidence in excise matters. en-us Wed, 29 Nov 2017 00:00:00 +0530 Wed, 14 Nov 2018 07:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276568 The Tribunal set aside the decision regarding the confiscation and penalties imposed on the appellant for the excess stock of finished goods. It found that the method of physical verification used was inadequate as it relied on eye estimation rather than actual weighment. The Tribunal concluded that the show cause notice based on this estimation was not valid. The appeal was allowed, emphasizing the importance of proper stock verification methods and the need for concrete evidence in excise matters. Case-Laws Central Excise Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276568