2014 (3) TMI 870

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..... trating the real criteria adopted for determining the shortage. No conclusion should flow on mere surmises or assumption or presumption. Whim and capies being alien to justice, the present impugned order has no leg to stand - Decided in favour of assessee. - E/1742/2010-SM(BR) - Final Order No. 1081/2012-SM(BR)(PB) - Dated:- 24-7-2011 - Shri D.N. Panda, J Ms. Reena Khair with Ms. Neha Gulat .....

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..... ck of finished goods, the stock of finished goods lying in the factory were physically verified. The physical verification of such a huge stock of hot re-rolled product of Iron Steel weighing 2,284.180 MT in such a short span of 8 Hrs. by the officers was humanly not possible. Further, the Panchnama is not supported by any weighment sheet for the stock of finished goods physically verified by th .....

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