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Central Excise - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Clandestine removal of goods - merely because figures of stock ...


Discrepancies in financial accounts vs. RG-1 register don't imply clandestine removal without physical verification. No demand justified.

June 28, 2016

Case Laws     Central Excise     AT

Clandestine removal of goods - merely because figures of stock reported in their financial accounts (3 CD Returns) filed with the Income Tax authorities were different from stocks reported in their RG-1 register, no demand can be made in the absence of physical verification - AT

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