https://www.taxtmi.com/caselaws?id=105827 Penalty under Rule 173Q(1)(b) for non-accountal of excisable goods applies only to goods manufactured, produced or stored by the assessee. Where the notice was confined to compressors and did not allege manufacture of the crankcase, connecting rods, or other housings, penalty could not be sustained on those items. The parts received from other manufacturers and not processed by the assessee were outside the statutory basis invoked, and the adverse finding also travelled beyond the scope of the notice. The penalty was therefore held unsustainable and was set aside. en-us Tue, 23 Sep 1997 00:00:00 +0530 Sat, 10 Mar 2012 11:21:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105827 Penalty under Rule 173Q(1)(b) for non-accountal of excisable goods applies only to goods manufactured, produced or stored by the assessee. Where the notice was confined to compressors and did not allege manufacture of the crankcase, connecting rods, or other housings, penalty could not be sustained on those items. The parts received from other manufacturers and not processed by the assessee were outside the statutory basis invoked, and the adverse finding also travelled beyond the scope of the notice. The penalty was therefore held unsustainable and was set aside. Case-Laws Central Excise Tue, 23 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105827