https://www.taxtmi.com/caselaws?id=40799 Excise duty could not be demanded merely on the basis of an alleged excess stock declaration to a bank where the discrepancy was explained by corrective adjustments, the departmental stock verification was accepted, and there was no independent evidence of clandestine removal or manipulation of statutory records. The limitation plea was also rejected because the order treated proceedings for escaped excise duty assessment as outside the statutory bar relied on by the assessee. The revision therefore succeeded on merits and the excise demand was set aside. en-us Wed, 16 Apr 1980 00:00:00 +0530 Fri, 14 May 2010 18:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40799 Excise duty could not be demanded merely on the basis of an alleged excess stock declaration to a bank where the discrepancy was explained by corrective adjustments, the departmental stock verification was accepted, and there was no independent evidence of clandestine removal or manipulation of statutory records. The limitation plea was also rejected because the order treated proceedings for escaped excise duty assessment as outside the statutory bar relied on by the assessee. The revision therefore succeeded on merits and the excise demand was set aside. Case-Laws Central Excise Wed, 16 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40799