https://www.taxtmi.com/caselaws?id=31684 The Appellate Tribunal CESTAT AHMEDABAD allowed the appeal in a case concerning a duty demand and penalty imposition due to a discrepancy in stock quantities between RG-1 records and the balance sheet. The Tribunal emphasized the importance of corroborative evidence in cases involving serious allegations like clandestine removal and the necessity for consistency in accounting practices to avoid unjust penalties. The judgment serves as a reminder for authorities to thoroughly examine stock variances and accounting practices before imposing duties and penalties based on discrepancies between different records. en-us Fri, 13 Jul 2007 00:00:00 +0530 Tue, 02 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31684 The Appellate Tribunal CESTAT AHMEDABAD allowed the appeal in a case concerning a duty demand and penalty imposition due to a discrepancy in stock quantities between RG-1 records and the balance sheet. The Tribunal emphasized the importance of corroborative evidence in cases involving serious allegations like clandestine removal and the necessity for consistency in accounting practices to avoid unjust penalties. The judgment serves as a reminder for authorities to thoroughly examine stock variances and accounting practices before imposing duties and penalties based on discrepancies between different records. Case-Laws Central Excise Fri, 13 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31684