https://www.taxtmi.com/caselaws?id=72527 Excisable writing and printing paper packed in the form ordinarily used for marketing had reached the R.G. 1 stage and was required to be entered in the R.G. 1 register as soon as it came into identifiable existence. Failure to account such manufactured goods in R.G. 1 amounted to contravention of the daily accounting requirement and justified confiscation of the unaccounted goods. However, in the absence of evidence of deliberate clandestine removal or wilful evasion of duty, the redemption fine required moderation and penalty was not warranted. The legal principle stated is that accounting obligations arise at the point goods become identifiable and marketable in the relevant packing form. en-us Wed, 13 Nov 1985 00:00:00 +0530 Fri, 20 May 2011 12:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72527 Excisable writing and printing paper packed in the form ordinarily used for marketing had reached the R.G. 1 stage and was required to be entered in the R.G. 1 register as soon as it came into identifiable existence. Failure to account such manufactured goods in R.G. 1 amounted to contravention of the daily accounting requirement and justified confiscation of the unaccounted goods. However, in the absence of evidence of deliberate clandestine removal or wilful evasion of duty, the redemption fine required moderation and penalty was not warranted. The legal principle stated is that accounting obligations arise at the point goods become identifiable and marketable in the relevant packing form. Case-Laws Central Excise Wed, 13 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72527