2005 (10) TMI 452 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Kolkata dismissed the Revenue's appeal against the Commissioner (Appeal) order regarding stock verification method and confiscation of goods. The Commissioner held that the stock determination was approximate and excess stock did not imply clandestine removal. The penalty was reduced to Rs. 500 for goods not properly accounted for. The Tribunal found no legal basis to interfere with the Commissioner's order and dismissed the Revenue's appeal.