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Central Excise - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Excess of physical stock noticed as compared to that recorded in ...


Inventory Discrepancies Found: Excess Stock Exceeds RG-1 Register Records, Suggesting Poor Inventory Management Practices.

August 4, 2016

Case Laws     Central Excise     AT

Excess of physical stock noticed as compared to that recorded in the RG-1 register - huge difference found can not be on account of processing loss. Also it is not logical that the appellants would weigh the raw material while charging the furnace but no weigh the finished goods which come out from the furnace - AT

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