https://www.taxtmi.com/caselaws?id=82996 A transferred manufacturing business can remain liable for past central excise dues where the governing rules permit recovery after transfer and the business continuity shows substantial continuity of ownership and control. Seized processed woollen fabrics were treated as liable to duty and confiscation where records, statements and related documents supported clandestine clearance and misdeclaration, though doubtful or allegedly rejected quantities were given benefit of doubt. The goods were classified under Item 21 rather than the residuary Item 68 because the belated contrary plea lacked reliable technical support. Penalties were upheld in principle but substantially reduced, including exclusion of penalty under Rule 209A for the pre-commencement period. en-us Mon, 24 May 1993 00:00:00 +0530 Fri, 08 Jul 2011 17:51:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82996 A transferred manufacturing business can remain liable for past central excise dues where the governing rules permit recovery after transfer and the business continuity shows substantial continuity of ownership and control. Seized processed woollen fabrics were treated as liable to duty and confiscation where records, statements and related documents supported clandestine clearance and misdeclaration, though doubtful or allegedly rejected quantities were given benefit of doubt. The goods were classified under Item 21 rather than the residuary Item 68 because the belated contrary plea lacked reliable technical support. Penalties were upheld in principle but substantially reduced, including exclusion of penalty under Rule 209A for the pre-commencement period. Case-Laws Central Excise Mon, 24 May 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82996