https://www.taxtmi.com/caselaws?id=84573 A small scale unit operating under a relaxed accounting regime could still face confiscation where its stock register was not updated for about two months, because the omission technically rendered the goods liable to confiscation; however, the absence of material showing clandestine removal meant penalty was not justified. The tribunal accepted that private records and sales invoices broadly reflected the clearances, treated the lapse as a minor accounting defect, and moderated the monetary sanction by reducing the redemption fine. The confiscatory order was therefore sustained in principle, but the penalty was set aside for want of proof of clandestine removal. en-us Tue, 24 Oct 1995 00:00:00 +0530 Fri, 22 Jul 2011 17:50:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84573 A small scale unit operating under a relaxed accounting regime could still face confiscation where its stock register was not updated for about two months, because the omission technically rendered the goods liable to confiscation; however, the absence of material showing clandestine removal meant penalty was not justified. The tribunal accepted that private records and sales invoices broadly reflected the clearances, treated the lapse as a minor accounting defect, and moderated the monetary sanction by reducing the redemption fine. The confiscatory order was therefore sustained in principle, but the penalty was set aside for want of proof of clandestine removal. Case-Laws Central Excise Tue, 24 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84573