https://www.taxtmi.com/caselaws?id=97958 The duty demand and personal penalties imposed on the appellants were set aside due to unsustainable findings regarding discrepancies in recorded stock of coils and variation in thickness measurements. Confiscations of HR coils and sprocket wheels were reversed as the total weight matched records and allegations were unfounded. Personal penalty on the Power-of-Attorney holder was deemed unsustainable based on assumptions and lack of comprehensive inventory data. Confiscation of sprocket wheels was unjustified as the appellant's explanation for non-entry in records was sufficient, leading to reversal of confiscation. en-us Mon, 16 Jul 2001 00:00:00 +0530 Wed, 18 Jan 2012 16:50:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97958 The duty demand and personal penalties imposed on the appellants were set aside due to unsustainable findings regarding discrepancies in recorded stock of coils and variation in thickness measurements. Confiscations of HR coils and sprocket wheels were reversed as the total weight matched records and allegations were unfounded. Personal penalty on the Power-of-Attorney holder was deemed unsustainable based on assumptions and lack of comprehensive inventory data. Confiscation of sprocket wheels was unjustified as the appellant's explanation for non-entry in records was sufficient, leading to reversal of confiscation. Case-Laws Central Excise Mon, 16 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97958