https://www.taxtmi.com/caselaws?id=92465 Duty liability on unaccounted V.P. Sugar found in the factory was sustained because the factual finding of non-accounting had no material challenge, and the amount already furnished under bond was appropriated towards duty. Confiscation and redemption fine were set aside because confiscation presupposes availability of the goods for seizure and redemption, which was absent. The penalty was reduced on the facts. The appeal succeeded only to that limited extent, while the duty-related finding remained undisturbed. en-us Mon, 20 Sep 1999 00:00:00 +0530 Tue, 01 Nov 2011 17:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92465 Duty liability on unaccounted V.P. Sugar found in the factory was sustained because the factual finding of non-accounting had no material challenge, and the amount already furnished under bond was appropriated towards duty. Confiscation and redemption fine were set aside because confiscation presupposes availability of the goods for seizure and redemption, which was absent. The penalty was reduced on the facts. The appeal succeeded only to that limited extent, while the duty-related finding remained undisturbed. Case-Laws Central Excise Mon, 20 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92465