2017 (10) TMI 1119

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..... irected against the impugned order dated 30.4.2010 passed by Commissioner (Appeals), Central Excise, Meerut. 2. The brief facts of the case are that the appellant is engaged in the manufacture of CTD/TMT bars. For manufacture of such goods, MS ingots and other re-rollable materials are used as inputs. During the course of verification of stock position of the finished goods and inputs reflected i .....

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..... g for the appellant submits that the stock verification was conducted on average basis and that the officers of Central Excise department had taken samples on each bundle and arrived at the stock position. Thus, she submits that actual stock position cannot be ascertained through the method adopted by the department. Further, she submits that Manager Account, in his statement recorded under summon .....

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..... e records. 6. On examination of the case records, I find that Shri Sandeep Maheshwari, authorised officer of the appellant has only stated that he is unable to explain the reasons of shortage. Such statement, without further corroboration, cannot be accepted as evidence of clandestine removal of goods, without payment of Central Excise duty. Further, from perusal of the Panchnama and the statemen .....

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