https://www.taxtmi.com/caselaws?id=444161 Mere stock discrepancy or non-entry in records does not, by itself, justify confiscation, duty demand, interest or penalty without positive evidence of clandestine removal. Where the goods and scrap remained inside the factory, regular stock and business records existed, and the discrepancy was marginal and capable of explanation by weighing, estimation or stock-taking errors, confiscation and related demands cannot be sustained. In the absence of corroboration such as buyer or transporter involvement, flow back of funds, or other material showing clandestine clearance, stock variation alone is insufficient to establish evasion. en-us Fri, 22 Sep 2023 00:00:00 +0530 Wed, 11 Oct 2023 08:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444161 Mere stock discrepancy or non-entry in records does not, by itself, justify confiscation, duty demand, interest or penalty without positive evidence of clandestine removal. Where the goods and scrap remained inside the factory, regular stock and business records existed, and the discrepancy was marginal and capable of explanation by weighing, estimation or stock-taking errors, confiscation and related demands cannot be sustained. In the absence of corroboration such as buyer or transporter involvement, flow back of funds, or other material showing clandestine clearance, stock variation alone is insufficient to establish evasion. Case-Laws Central Excise Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444161