https://www.taxtmi.com/caselaws?id=97523 Excess stock found in the factory was treated as semi-finished, non-marketable goods rather than fully manufactured excisable goods liable to duty, because the packing, stock position, absence of standard quantities, contemporaneous records, and lack of technical examination supported that conclusion. Alleged clandestine removal was not proved, as the despatch sheets, employee and partner statements, and stray gate passes did not provide reliable corroboration of repeated illicit clearance, and the available small scale exemption had not been exhausted. The duty demand was therefore not sustained, but the separate penalty was upheld for breach of record-keeping requirements. en-us Fri, 05 May 2000 00:00:00 +0530 Tue, 17 Jan 2012 11:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97523 Excess stock found in the factory was treated as semi-finished, non-marketable goods rather than fully manufactured excisable goods liable to duty, because the packing, stock position, absence of standard quantities, contemporaneous records, and lack of technical examination supported that conclusion. Alleged clandestine removal was not proved, as the despatch sheets, employee and partner statements, and stray gate passes did not provide reliable corroboration of repeated illicit clearance, and the available small scale exemption had not been exhausted. The duty demand was therefore not sustained, but the separate penalty was upheld for breach of record-keeping requirements. Case-Laws Central Excise Fri, 05 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97523