https://www.taxtmi.com/caselaws?id=99583 Fully finished excisable goods found unaccounted in the factory were liable to confiscation and penalty under Rule 173Q because non-accountal in statutory records was undisputed and the labour-unrest explanation did not excuse the duty to account for manufactured goods, especially where production and clearances continued and the packed goods were found in the bonded store room. The reasoning also rejected reliance on the absence of intent to evade duty as a complete bar in these circumstances. Confiscation and penalty were sustained in principle, but the monetary consequences were moderated by reducing both the redemption fine and the personal penalty. en-us Mon, 09 Jul 2001 00:00:00 +0530 Fri, 27 Jan 2012 18:38:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99583 Fully finished excisable goods found unaccounted in the factory were liable to confiscation and penalty under Rule 173Q because non-accountal in statutory records was undisputed and the labour-unrest explanation did not excuse the duty to account for manufactured goods, especially where production and clearances continued and the packed goods were found in the bonded store room. The reasoning also rejected reliance on the absence of intent to evade duty as a complete bar in these circumstances. Confiscation and penalty were sustained in principle, but the monetary consequences were moderated by reducing both the redemption fine and the personal penalty. Case-Laws Central Excise Mon, 09 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99583