2013 (6) TMI 213

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..... thout any break-up thereof to examine status of each ingredient thereof in each of the five years. An abrupt conclusion was drawn by Adjudicating Authority by a summary order thorough analysis of the composition of different ingredient of inputs of each year. The ingredient contributed to the allegation of difference of stock of inputs of 408.283 Mts. is necessary to be brought to record. When .....

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..... gures appearing in the stock statement given to the bank as on 1.3.2000 and on comparison of that figure with figures stated in the above recorded statement, to work out value factual stock held as on 01.03.2005 by the assessee and concluded that stock value of such magnitude was not received by the appellant but cenvat credit there on was enjoyed. The appellant made reconciliation of the inputs f .....

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..... e as on 01.33.2005. We notice that of inputs as on 01.03.2005 was calculated adjusting the figures of 01.03.2000 with the purchase and clearance of finished goods for the year 2000-01 to 2004-05 to arrive at closing balance of inputs as on 01.03.2005. 5.2 Adjudication Order does not demonstrate about working of year to year basis of the alleged goods beginning from 2000-01 to 2004-05. It appears .....

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..... s the breakup of input as on 01.03.2000 to move and year wise Reconciliation because a reasoned and speaking orders warrants such disclosure in the order to meet sourting of higher Courts. Source of figure is to the disclosed for truthful adjudication. 7. We notice that an abrupt conclusion was dream by ld. Adjudicating Authority by a summary order thorough analysis of the composition of differe .....

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..... year, Learned Authority shall not ignore the figures of the appellant if those figures are established from statutory records. (4) Learned Authority shall satisfy that the figure under consideration is evidenced and break up of each year should initially disclose a fair exercise. Break up is necessary to examine reconciliation of difference of each input which is subject matter of dispute. 8. .....

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