https://www.taxtmi.com/caselaws?id=96309 Valves found in the factory but still undergoing fitting, dressing, testing and painting were treated as semi-finished goods, not goods at the stage of removal. On those accepted facts, and in the absence of any finding contradicting the assessee's explanation or showing an intent to remove the goods in evasion of duty, confiscation and penalty under Rule 173Q of the Central Excise Rules were not sustainable. The governing principle is that goods remaining within the factory and not yet marketable for removal are not liable to confiscation merely because they are present in the premises. en-us Wed, 07 Feb 2001 00:00:00 +0530 Tue, 20 Dec 2011 17:41:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96309 Valves found in the factory but still undergoing fitting, dressing, testing and painting were treated as semi-finished goods, not goods at the stage of removal. On those accepted facts, and in the absence of any finding contradicting the assessee's explanation or showing an intent to remove the goods in evasion of duty, confiscation and penalty under Rule 173Q of the Central Excise Rules were not sustainable. The governing principle is that goods remaining within the factory and not yet marketable for removal are not liable to confiscation merely because they are present in the premises. Case-Laws Central Excise Wed, 07 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96309