https://www.taxtmi.com/caselaws?id=51348 Stock verification based on average weight was examined on the facts, with the central question being whether the assessee's method of weighment could be treated as normal industry practice. The record showed no specific or satisfactory explanation for the excess stock, and the authorised representative had accepted the stock-taking method in a statement recorded under Section 14 of the Central Excise Act, 1944. In light of that admission and the undisputed factual position, the earlier appellate view was found unsustainable. The stock verification on average weight was accepted, the impugned order was set aside, and the Revenue's appeal was allowed. en-us Thu, 08 Aug 2002 00:00:00 +0530 Fri, 24 Sep 2010 12:28:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51348 Stock verification based on average weight was examined on the facts, with the central question being whether the assessee's method of weighment could be treated as normal industry practice. The record showed no specific or satisfactory explanation for the excess stock, and the authorised representative had accepted the stock-taking method in a statement recorded under Section 14 of the Central Excise Act, 1944. In light of that admission and the undisputed factual position, the earlier appellate view was found unsustainable. The stock verification on average weight was accepted, the impugned order was set aside, and the Revenue's appeal was allowed. Case-Laws Central Excise Thu, 08 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51348