https://www.taxtmi.com/caselaws?id=99701 Discrepancies in statutory excise records, coupled with unretracted statements admitting the accounting method and movement of goods without intimation, supported the demand of duty and the penalty for non-compliance with record-keeping requirements. However, confiscation of the seized goods was not sustainable because the goods were found inside the factory and there was no evidence of actual clandestine removal or attempt to move them out at that stage. The record-based admissions justified fiscal liability, but mere suspicion did not justify confiscation on the facts found during inspection. en-us Mon, 10 Jan 2000 00:00:00 +0530 Sat, 28 Jan 2012 13:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99701 Discrepancies in statutory excise records, coupled with unretracted statements admitting the accounting method and movement of goods without intimation, supported the demand of duty and the penalty for non-compliance with record-keeping requirements. However, confiscation of the seized goods was not sustainable because the goods were found inside the factory and there was no evidence of actual clandestine removal or attempt to move them out at that stage. The record-based admissions justified fiscal liability, but mere suspicion did not justify confiscation on the facts found during inspection. Case-Laws Central Excise Mon, 10 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99701