https://www.taxtmi.com/caselaws?id=105574 Mere non-accountal of finished goods in RG-1 and related records, without evidence of preparation for removal, loading for delivery, or intention to clear goods clandestinely without duty, was treated as insufficient to justify confiscation under Rule 173Q. The commentary also notes that where the same lapse had already attracted penalty under the KVS Scheme, further penal action was not warranted for the identical default. On that reasoning, confiscation and redemption fine were held unsustainable and set aside in favour of the assessee. en-us Thu, 13 Dec 2001 00:00:00 +0530 Tue, 06 Mar 2012 13:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105574 Mere non-accountal of finished goods in RG-1 and related records, without evidence of preparation for removal, loading for delivery, or intention to clear goods clandestinely without duty, was treated as insufficient to justify confiscation under Rule 173Q. The commentary also notes that where the same lapse had already attracted penalty under the KVS Scheme, further penal action was not warranted for the identical default. On that reasoning, confiscation and redemption fine were held unsustainable and set aside in favour of the assessee. Case-Laws Central Excise Thu, 13 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105574