https://www.taxtmi.com/caselaws?id=94518 The appeal was filed against the decision of the Commissioner of Customs (Appeals) regarding the confiscation of goods. The Commissioner set aside the confiscation order but upheld duty payment on excisable goods due to discrepancies in stock records. An excess stock of finished goods led to a penalty imposition of Rs. 75,000, justified by the potential for clandestine removal. The judge reduced the penalty to Rs. 10,000 after finding the original amount excessive, considering the specific circumstances of the case. en-us Thu, 06 Jan 2000 00:00:00 +0530 Wed, 23 Nov 2011 11:20:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94518 The appeal was filed against the decision of the Commissioner of Customs (Appeals) regarding the confiscation of goods. The Commissioner set aside the confiscation order but upheld duty payment on excisable goods due to discrepancies in stock records. An excess stock of finished goods led to a penalty imposition of Rs. 75,000, justified by the potential for clandestine removal. The judge reduced the penalty to Rs. 10,000 after finding the original amount excessive, considering the specific circumstances of the case. Case-Laws Central Excise Thu, 06 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94518