https://www.taxtmi.com/caselaws?id=91444 Penalty for non-maintenance of records was held unjustified where intermediate wires drawn from duty-paid rods were captively consumed in manufacture of insulated PVC cables. As there was no allegation of clandestine removal or removal for home consumption, and the goods were used within the manufacturing process, the facts did not support a penalty. The penalty was set aside. en-us Wed, 26 May 1999 00:00:00 +0530 Tue, 18 Oct 2011 10:46:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91444 Penalty for non-maintenance of records was held unjustified where intermediate wires drawn from duty-paid rods were captively consumed in manufacture of insulated PVC cables. As there was no allegation of clandestine removal or removal for home consumption, and the goods were used within the manufacturing process, the facts did not support a penalty. The penalty was set aside. Case-Laws Central Excise Wed, 26 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91444