https://www.taxtmi.com/caselaws?id=80794 Ornaments received under verified, genuine vouchers could not be confiscated merely because statutory accounts were entered late, and the omission to consider that material contention was a rectifiable mistake apparent from the record. On that basis, the Tribunal held that rectification jurisdiction could be used without amounting to a review on merits, and set aside confiscation of the 254 gms and 438.300 gms consignments. Confiscation of the remaining 33 gms was maintained, but the redemption fine was revised to Rs. 5,000. Liability for personal penalty for non-accountal was left unaffected. en-us Thu, 19 Apr 1990 00:00:00 +0530 Mon, 20 Jun 2011 14:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80794 Ornaments received under verified, genuine vouchers could not be confiscated merely because statutory accounts were entered late, and the omission to consider that material contention was a rectifiable mistake apparent from the record. On that basis, the Tribunal held that rectification jurisdiction could be used without amounting to a review on merits, and set aside confiscation of the 254 gms and 438.300 gms consignments. Confiscation of the remaining 33 gms was maintained, but the redemption fine was revised to Rs. 5,000. Liability for personal penalty for non-accountal was left unaffected. Case-Laws Central Excise Thu, 19 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80794