https://www.taxtmi.com/caselaws?id=795893 Estimated stock variations and discrepancies between statutory records and physical stock cannot establish clandestine manufacture or removal where production records are yield-based and physical verification relies on volumetric or eye estimation. Excise-duty liability requires tangible corroborative evidence, such as actual weighment, unaccounted manufacture, transport, buyers, sale proceeds, or excess raw-material or electricity consumption. In the absence of such evidence, the duty demand based on alleged shortages is unsustainable. The extended limitation period also cannot apply without mala fides, suppression, or intent to evade duty; consequently, interest and penalty cannot survive when the principal demand fails. en-us Tue, 28 Jul 2026 00:00:00 +0530 Wed, 29 Jul 2026 08:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795893 Estimated stock variations and discrepancies between statutory records and physical stock cannot establish clandestine manufacture or removal where production records are yield-based and physical verification relies on volumetric or eye estimation. Excise-duty liability requires tangible corroborative evidence, such as actual weighment, unaccounted manufacture, transport, buyers, sale proceeds, or excess raw-material or electricity consumption. In the absence of such evidence, the duty demand based on alleged shortages is unsustainable. The extended limitation period also cannot apply without mala fides, suppression, or intent to evade duty; consequently, interest and penalty cannot survive when the principal demand fails. Case-Laws Central Excise Tue, 28 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795893