https://www.taxtmi.com/caselaws?id=52817 The Commissioner (Appeals) order, which reversed duty demand and penalty based on a shortage of raw material and finished goods, was overturned. The original order confirming duty and penalty was reinstated as the Manager attested to the shortage without objection during the panchnama signing, and subsequent denial lacked legal value. The Revenue's appeal was accepted, and the penalty imposed was deemed reasonable. en-us Wed, 11 Feb 2004 00:00:00 +0530 Fri, 08 Oct 2010 09:51:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52817 The Commissioner (Appeals) order, which reversed duty demand and penalty based on a shortage of raw material and finished goods, was overturned. The original order confirming duty and penalty was reinstated as the Manager attested to the shortage without objection during the panchnama signing, and subsequent denial lacked legal value. The Revenue's appeal was accepted, and the penalty imposed was deemed reasonable. Case-Laws Central Excise Wed, 11 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52817