68,670) in CENVAT credit. AO further found that ''closing stock” ought to have been valued as per ''Inclusive method" which was admittedly not done since assessee had followed “Exclusive method". Thus, AO took a view that if "closing stock” is valued as per "Inclusive method", value of "closing stock" is to ITA No. 1785/Ahd/2012 & 08 others Corrtech International