https://www.taxtmi.com/caselaws?id=84677 Mere accounting lapses, overwritings in production slips, or stock discrepancies do not justify confiscation, duty demand, or penalty unless supported by conclusive evidence of clandestine removal or deliberate contravention. Goods found unentered in a bonded store room may be treated as an accounting omission where they relate to prior production and no evasion is shown. Goods in a finishing room are not liable as fully finished goods if they remain in process and have not attained the character required for record entry. The extended limitation period cannot be invoked where the department already knew the stock position and there is no proof of suppression with intent to evade duty. en-us Mon, 18 Dec 1995 00:00:00 +0530 Sat, 23 Jul 2011 15:05:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84677 Mere accounting lapses, overwritings in production slips, or stock discrepancies do not justify confiscation, duty demand, or penalty unless supported by conclusive evidence of clandestine removal or deliberate contravention. Goods found unentered in a bonded store room may be treated as an accounting omission where they relate to prior production and no evasion is shown. Goods in a finishing room are not liable as fully finished goods if they remain in process and have not attained the character required for record entry. The extended limitation period cannot be invoked where the department already knew the stock position and there is no proof of suppression with intent to evade duty. Case-Laws Central Excise Mon, 18 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84677