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2011 (8) TMI 625 - CESTAT, MUMBAIStock Taking in premises revealed a physical shortage of 2200.56 gms. of platinum - Assessee appealed entitled to wastage of 9% of the goods, waste dirt has recovered 623.4 grams of platinum which also has not been considered - Held That:- Once the stocks are maintained taking into account the permissible loss, they cannot once again claim that they are entitled for the same as the shortage found. As regards the recovery of 691.26 gms of platinum recovered from the refining of dust/slurry, it is seen from the order that the Commissioner has already allowed a quantity of 475 gms of platinum which was recovered; in other words the shortage of 2200.56 gms. of platinum has been computed after taking into account the recovery of 475 gms.Appeal dismissed.
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