2002 (12) TMI 336

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..... the Respondent. [Order per : J.H. Joglekar, Member (T)]. These two appeals have the same issue. These are therefore disposed of vide this single order. 2. Both appellants are engaged in processing of fabrics. Rule 223A of the Central Excise Rules, 1944 provides for stocktaking of excisable goods to be conducted periodically. In the case of both appellants, such stocktaking was conduct .....

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..... ed was Rs. 7.5 lakhs. These two appeals are against these two orders. 3. As we have noticed above the proceedings commenced pursuant to stocktaking under Rule 223A. The subject rule requires stock to be taken of excisable goods . This amounts to fully finished excisable goods stored in the BSR. The rule does not admit of stocktaking of fabrics under process. The proceedings in both the cases co .....

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