https://www.taxtmi.com/caselaws?id=85316 Where raw material accounts are accepted as reliable, duty on eyebrow pencils must be confined to the quantity reasonably attributable to unaccounted production, and the demand was ordered to be reworked on that basis. Deduction of duty from the sale price was rejected because the goods had not been cleared on a cum-duty basis. The exemption claim for kumkum pencils failed on the prior Tribunal view relied upon. Penalties under Rule 209(A) on the marketing concerns were set aside because suspicion alone did not prove knowledge or reason to believe that the goods were liable to confiscation. en-us Fri, 12 Apr 1996 00:00:00 +0530 Thu, 04 Aug 2011 11:45:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85316 Where raw material accounts are accepted as reliable, duty on eyebrow pencils must be confined to the quantity reasonably attributable to unaccounted production, and the demand was ordered to be reworked on that basis. Deduction of duty from the sale price was rejected because the goods had not been cleared on a cum-duty basis. The exemption claim for kumkum pencils failed on the prior Tribunal view relied upon. Penalties under Rule 209(A) on the marketing concerns were set aside because suspicion alone did not prove knowledge or reason to believe that the goods were liable to confiscation. Case-Laws Central Excise Fri, 12 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85316