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2017 (2) TMI 568 - AT - Central ExciseCenvat credit - Shortage of stock - Penalty - Held that: - While calculating the demand on shortages, it is noticed that officers had considered the average weight of a barrel as 25 Kgs., while factually weight ranged between 20.5 to 23 kgs. If the factual weight is taken for calculation there is marginal shortage, which is included in the amount already reversed by the main appellant. As regards the penalties imposed on the director of the company, I find that they have accepted that there were errors in the records hence I find that adjudicating authority was correct in imposing penalties on them - Decided against the assessee
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