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2018 (3) TMI 763 - AT - Central ExciseClandestine removal - shortages of raw material and finished goods - Held that: - The shortages of the raw material and finished goods appeared either due to reconciliation of accounts as well as descrepancies detected during quarterly checking of stocks. This reconciliation was also informed to the department periodically. No instance has been pointed out by the Revenue to show that the raw materials alleged to have been short found were not received by the Respondent in their factory or the alleged short found raw materials and finished goods were clandestinely removed by the Respondent out of their unit. In absence of any instance or evidence of clandestine removal, no duty can be demanded on the un-reconciled stocks - appeal dismissed - decided against Revenue.
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