https://www.taxtmi.com/caselaws?id=80208 The Tribunal held that transfer of ownership through book transfers does not absolve a manufacturer from duty liability for Central Excise purposes. Duty liability arises upon actual removal of goods, regardless of ownership transfer or book adjustments. The Tribunal emphasized the importance of compliance with Central Excise requirements, rejected the validity of book transfers as removal for duty purposes, and upheld confiscation and fine for non-compliance. Both appeals were dismissed, affirming duty liability on removed goods. en-us Tue, 10 Feb 1987 00:00:00 +0530 Wed, 15 Jun 2011 14:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80208 The Tribunal held that transfer of ownership through book transfers does not absolve a manufacturer from duty liability for Central Excise purposes. Duty liability arises upon actual removal of goods, regardless of ownership transfer or book adjustments. The Tribunal emphasized the importance of compliance with Central Excise requirements, rejected the validity of book transfers as removal for duty purposes, and upheld confiscation and fine for non-compliance. Both appeals were dismissed, affirming duty liability on removed goods. Case-Laws Central Excise Tue, 10 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80208