https://www.taxtmi.com/caselaws?id=89740 Excisable goods kept within the factory but outside the approved bonded store room, and not properly recorded in statutory accounts, were treated as a breach of Rule 53 of the Central Excise Rules, 1944. Rule 173Q(1)(b) was applied to failure to account for excisable goods without requiring proof of intent to evade duty, so penal consequences were sustainable. However, the absence of clandestine removal and the practical storage constraints supported a substantial reduction in the fine and penalty, and confiscation was not considered necessary in the circumstances. en-us Thu, 13 Nov 1997 00:00:00 +0530 Thu, 29 Sep 2011 14:54:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89740 Excisable goods kept within the factory but outside the approved bonded store room, and not properly recorded in statutory accounts, were treated as a breach of Rule 53 of the Central Excise Rules, 1944. Rule 173Q(1)(b) was applied to failure to account for excisable goods without requiring proof of intent to evade duty, so penal consequences were sustainable. However, the absence of clandestine removal and the practical storage constraints supported a substantial reduction in the fine and penalty, and confiscation was not considered necessary in the circumstances. Case-Laws Central Excise Thu, 13 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89740