https://www.taxtmi.com/caselaws?id=88610 Loose finished pouches found in the factory before carton packing and final inspection were not required to be entered in RG 1, because the manufacturer's regular practice was to make the entry only after those processes were completed. On that factual basis, the goods had not reached the stage of final accounting, so they could not be treated as unaccounted finished stock. As the RG 1 obligation had not yet arisen, the foundation for confiscation, redemption fine, and personal penalty failed, and the cited rules did not sustain the action. en-us Fri, 27 Mar 1998 00:00:00 +0530 Tue, 20 Sep 2011 11:50:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88610 Loose finished pouches found in the factory before carton packing and final inspection were not required to be entered in RG 1, because the manufacturer's regular practice was to make the entry only after those processes were completed. On that factual basis, the goods had not reached the stage of final accounting, so they could not be treated as unaccounted finished stock. As the RG 1 obligation had not yet arisen, the foundation for confiscation, redemption fine, and personal penalty failed, and the cited rules did not sustain the action. Case-Laws Central Excise Fri, 27 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88610