https://www.taxtmi.com/caselaws?id=84782 Finished goods must be entered in RG-1 as soon as manufacture is complete; post-manufacture grading and sticker affixation do not defer that recording duty. Goods found in a bonded store room without corresponding RG-1 entries were treated as manufactured goods, so non-compliance with the statutory stock record requirement attracted liability under Rule 173Q(1)(b). A plea that the lapse was bona fide or without mens rea was not accepted as a complete defence to breach of statutory records, though such circumstances may have only a mitigating effect. Confiscation and personal penalty were therefore sustained on the basis of the record-keeping contravention. en-us Wed, 19 Jun 1991 00:00:00 +0530 Mon, 25 Jul 2011 16:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84782 Finished goods must be entered in RG-1 as soon as manufacture is complete; post-manufacture grading and sticker affixation do not defer that recording duty. Goods found in a bonded store room without corresponding RG-1 entries were treated as manufactured goods, so non-compliance with the statutory stock record requirement attracted liability under Rule 173Q(1)(b). A plea that the lapse was bona fide or without mens rea was not accepted as a complete defence to breach of statutory records, though such circumstances may have only a mitigating effect. Confiscation and personal penalty were therefore sustained on the basis of the record-keeping contravention. Case-Laws Central Excise Wed, 19 Jun 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84782