2016 (2) TMI 953

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..... re in excess - Held that: - the ground of challenging the impugned order is that the stock taking of 2372 pieces of ingot could not have been done within the period of 5 hours which is not practically possible. Therefore, the excess of stock found was merely eye estimation and stock taking was done on average basis. As no physically stock taking was done therefore, the allegation of excess stock f .....

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..... actory premises of the appellant were visited by the DGCEI officials. It was found that the quantity of 21.99 MT of MS Ingots were in excess, as shown in their statutory records thereafter, it was alleged that the appellant have been manufacturing said goods from unaccounted raw material to evade recording of the said manufacture which is meant for clandestine removal without payment of Central Ex .....

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..... for today. Today, when the matter was called, Sh. Gaurav Aggarwal, Advocate was not present. Considering the fact that matter has been listed several times in past therefore, the same is taken up for consideration. 5. On perusal of the record, I find that the ground of challenging the impugned order is that the stock taking of 2372 pieces of ingot could not have been done within the period o .....

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