Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

M/s Daechang India Seat Company Versus Commissioner of Central Excise, Chennai-IV

2016 (3) TMI 668 - CESTAT CHENNAI

Loss to revenue - difference between the stock figure in the Balance Sheet as on 31.03.2009 and ER-1 returns of that date - Held that:- The appellate authority has not at all examined as to whether there was really a discrepancy under the accounting .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

respect of the figure appeared in Balance Sheet. That was not examined by appellate authority. The case was booked against the appellant on the basis of audit finding. They neither found any discrepancy in the clearance of goods nor in the accounts o .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

r the Respondent : Mr K P Muralidharan, AC (AR) ORDER Per D N Panda The contention of appellant in this appeal is that the difference between the stock figure in the Balance Sheet as on 31.03.2009 and ER-1 returns of that date does not give rise to a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e. He was satisfied that the stock in unpacked condition explained the position. That was not taken into consideration by audit party to determine value of closing stock under the Excise law. He was of the opinion that there was no discrepancy at all .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version