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M/s Jaypee Forge Ltd. Versus Commissioner of Central Excise, Belapur

2016 (9) TMI 41 - CESTAT MUMBAI

Demand - duty on difference between finished goods reported in their 3CD returns and the RG-1 daily stock account - less quantity of clearance has been shown in their ER-1 returns as compared to the quantity of sale mentioned in the Balance-sheet - H .....

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was on account of trading, labour charges and some short quantity received. The same has not been challenged. Therefore, by following the decision of Tribunal in the case of Composite Boards (P) Ltd. [2009 (7) TMI 410 - CESTAT, CHENNAI], where in si .....

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(AR) for Respondent ORDER The appellants, M/s Jaypee Forge Ltd., were issued a show-cause notice seeking to demand duty on the different between finished goods reported in their 3CD returns and the RG-1 daily stock account. It was alleged that the a .....

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the Balance-sheet for the year 2005-06. On this ground, a demand of ₹ 1,01,522/- was invoked and confirmed by the lower authorities. 2. Learned Counsel for the appellant produced a reconciliation statement which shows the reconciliation figures .....

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ecording production value in the Balance-sheet is significantly different from that required in ER-1. Learned Counsel relied on the decision of the Tribunal in the case of Composite Boards (P) Ltd. - 2000 (244) ELT 561 (Tri-Chenn). 3. Learned AR reli .....

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