2014 (5) TMI 977

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g. There is no allegation or evidence that the said inputs were either not received by the appellant or stands cleared by them without payment of duty. As such, such shortage in the stock conducted by the appellant themselves for the purposes of reconciliation of their entire stock cannot be made the basis for confirmation of demand of duty against them or for imposition of penalty. Accordingly, i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mation of demand and imposition of penalty. The said order of the original adjudicating authority was upheld by Commissioner (Appeals). Hence the present appeal. 2. Heard both the sides, I find that for arriving on findings of shortages of inputs, Revenue has relied upon the management s own stock taking inventory made by them. Such inventories were taken note of by the audit, on the basis of w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X