9911796707
TMI Blog2015 (12) TMI 68X X X X Extracts X X X X X X X X Extracts X X X X ..... y to show that the stock was physically verified by them. Mere acceptance of such excess at the time of visit of the officers by itself cannot be held to be a conclusive proof. In any case and in any way of the matter, I find that it is not the case of the Revenue that such excess stock was not entered in the RG register deliberately and with mala fide intent to remove clandestinely. As such, I fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nding that the excess stock was merely on estimated basis, which cannot be appreciated. 3. The contention of the Revenue is that such excess stock was admitted by the respondents' representative in his on the spot statement. However, I find that Revenue has not produced any inventory to show that the stock was physically verified by them. Mere acceptance of such excess at the time of visit o ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
