(1) The licensee who produces liquors has to get the stock with him examined by the Excise Duty Officer or the employee deputed by him at least once in a year. In cases where there has been shortfall in the stock because of evaporation or obscuration or leakage or bottling, the Excise Duty Officer by examining the stock has to make a recommendation, along with the reason for such shortfall, to the Department through the Office, for remission of stock shortfall.
(2) The Department may grant remission on the basis of the recommendation received for the remission of stock shortfall pursuant to Sub-rule (1).
Explanation: For purposes of this Chapter,-
(a) “L.P.” means the strength of spirit in London proof.
(b) “L.P. galloon” means the quantity containing 57.06 per cent fresh spirit per galloon.
(c) “O.P.” means the liquor with strength more than London proof.
(d) “U.P.” means the liquors with strength less the London proof.