9911796707
TMI Blog2014 (1) TMI 163X X X X Extracts X X X X X X X X Extracts X X X X ..... was no proof produced to show that they had a stock of material on which credit was availed - if a person is in the activity of manufacture, he would have maintained a proper record of showing consumption of the material and output of such consumption - A prudent businessman would maintain such records and defend his claim before the authorities - In the absence of any records, Prima facie, the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat appellant has not produced any record to show that they had a stock of material on which credit was availed. The entire argument of the ld. Counsel is on the legality as there is no provision in the notification as well as in the provisions directing SSI for maintaining separate records. In our view, if a person is in the activity of manufacture, he would have maintained a proper record of sho ..... X X X X Extracts X X X X X X X X Extracts X X X X
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