https://www.taxtmi.com/caselaws?id=31901 Adjustment of corresponding excess and shortage in packed and loose finished goods was upheld where the stock chart supported the appellate authority's reconciliation. A contemporaneous statement that 4.5 M.T. of goods was contaminated could not be ignored without physical verification or contrary evidence, so confiscation of that quantity was not justified. By contrast, a separate excess of 32.771 M.T. of unaccounted finished goods found in the factory, for which no satisfactory explanation was offered, was liable to confiscation. The redemption fine was moderated in the circumstances and reduced. en-us Tue, 01 Apr 2008 00:00:00 +0530 Mon, 29 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31901 Adjustment of corresponding excess and shortage in packed and loose finished goods was upheld where the stock chart supported the appellate authority's reconciliation. A contemporaneous statement that 4.5 M.T. of goods was contaminated could not be ignored without physical verification or contrary evidence, so confiscation of that quantity was not justified. By contrast, a separate excess of 32.771 M.T. of unaccounted finished goods found in the factory, for which no satisfactory explanation was offered, was liable to confiscation. The redemption fine was moderated in the circumstances and reduced. Case-Laws Central Excise Tue, 01 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31901