Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2013 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (7) TMI 641 - AT - Central ExciseUnexplained shortage of finished goods - Shri Subhash Chand Garg who was authorised signatory of the appellant in his statement during enquiry accepted the shortage of goods – Held that:- Relying upon the judgment of Hon’ble High Court of Madras in the case of Alagappa Cement (P) Ltd. vs. CCE, Chennai [2010 (10) TMI 131 - MADRAS HIGH COURT], onus is on the appellant to furnish satisfactory explanation. If the stock shortage remains unexplained, that leads to the conclusion that such consequence was out of clandestine removal – Appeal dismissed – Decided against the Assessee.
|