2019 (5) TMI 710

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....M/s. Mammon Concast Pvt. Ltd. is engaged in the manufacture of billets and started their production from the month of March, 2012. Their factory was visited by the central excise officers on 15.10.2012, who conducted various checks and verifications. During the course of search of the factory, one loose paper containing heat-wise entries of production of M.S. Billets was found. It was observed that as per the said loose paper, a quantity of 134.862 MT of M.S. Billets was produced on 4.9.2012 and a quantity of 60 M.T. was entered in stock register on the said date. As such, the visiting officers entertained a belief that balance quantity of 74.862 M.t. of M.S. Billets was removed by the appellant in a clandestine manner. Further, some bil....

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.... Central Excise Rules, 2002. The appeal against the above order did not succeed before the Commissioner (Appeals). Hence, the present two appeals. 4. After appreciating the submissions made by both the sides and after going through the impugned orders, I find that the entire case of the Revenue is based upon the entries made on the loose slips recovered during the course of visit of the officers read with the statement of the authorized Signatory, Shri Shankey Goyal and the shortages detected in the stock of final products. The statement of the authorized signatory stands retracted subsequently and has also not been tested upon the touch stone of the cross examination and examination-in-chief. The Hon'ble Punjab & Haryana High Court i....