https://www.taxtmi.com/caselaws?id=409337 Admitted shortage of finished excisable goods, coupled with failure to maintain contemporaneous stock and production records, can support a demand where the explanation is unsupported by evidence. Here, the claimed recycling of defective ingots was not backed by records, so the shortage was treated as unrebutted. Loose slips were also left unexplained, and the person said to know their contents was not produced, justifying adverse inference. On that basis, the material was sufficient to sustain the finding of clandestine removal and the resulting duty, interest, and penalty. en-us Thu, 15 Apr 2021 00:00:00 +0530 Tue, 06 Jul 2021 09:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409337 Admitted shortage of finished excisable goods, coupled with failure to maintain contemporaneous stock and production records, can support a demand where the explanation is unsupported by evidence. Here, the claimed recycling of defective ingots was not backed by records, so the shortage was treated as unrebutted. Loose slips were also left unexplained, and the person said to know their contents was not produced, justifying adverse inference. On that basis, the material was sufficient to sustain the finding of clandestine removal and the resulting duty, interest, and penalty. Case-Laws Central Excise Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409337