https://www.taxtmi.com/caselaws?id=98744 Goods found in an assessee's premises may be treated as unaccounted and liable to confiscation where the assessee cannot produce credible evidence that the premises were separately occupied by other firms or that the goods belonged to third parties. The claimed tenancy was not proved, the supporting letter did not establish separate occupation, and the alleged occupant could not be traced at the stated address. The assessee also failed to explain satisfactorily how the menthol and DMO were stored in its bonded store room. On these facts, the confiscation and penalty were upheld. en-us Tue, 15 Jun 1999 00:00:00 +0530 Sat, 21 Jan 2012 18:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98744 Goods found in an assessee's premises may be treated as unaccounted and liable to confiscation where the assessee cannot produce credible evidence that the premises were separately occupied by other firms or that the goods belonged to third parties. The claimed tenancy was not proved, the supporting letter did not establish separate occupation, and the alleged occupant could not be traced at the stated address. The assessee also failed to explain satisfactorily how the menthol and DMO were stored in its bonded store room. On these facts, the confiscation and penalty were upheld. Case-Laws Central Excise Tue, 15 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98744