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Central Excise - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Clandestine removal - Shortage in stock - The cogent explanation ...


Court Overlooks Normal Loss, Misconceived Show Cause Notice Dismissed; Appellant's Explanation on Stock Shortage Accepted by Higher Court.

April 14, 2020

Case Laws     Central Excise     AT

Clandestine removal - Shortage in stock - The cogent explanation given by the appellant has not been found to be untrue by the Court below. Accordingly, the SCN is misconceived and further the Court below has erred in not considering the normal loss, that the same requires no treatment in the books of accounts. - AT

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