https://www.taxtmi.com/caselaws?id=83734 LDPE master batches were treated as distinct from plain synthetic resins and plastic materials, and the Tribunal followed its earlier rulings to classify them under Chapter 32 rather than Chapter 39, rejecting the request for reference to a Larger Bench. For the RG 1 non-entry contravention, the Tribunal held that daily accounting was required and confiscation could be sustained, but in the absence of suppression, fraud, misdeclaration, or intent to evade duty, the penalty and redemption fine had to be proportionate to the breach and were reduced to nominal levels. en-us Fri, 12 Aug 1994 00:00:00 +0530 Sat, 16 Jul 2011 13:11:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83734 LDPE master batches were treated as distinct from plain synthetic resins and plastic materials, and the Tribunal followed its earlier rulings to classify them under Chapter 32 rather than Chapter 39, rejecting the request for reference to a Larger Bench. For the RG 1 non-entry contravention, the Tribunal held that daily accounting was required and confiscation could be sustained, but in the absence of suppression, fraud, misdeclaration, or intent to evade duty, the penalty and redemption fine had to be proportionate to the breach and were reduced to nominal levels. Case-Laws Central Excise Fri, 12 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83734