https://www.taxtmi.com/caselaws?id=106717 Rule 173Q of the Central Excise Rules, 1944 was treated as applicable where excess finished goods were found unaccounted in factory stock and inputs were short without plausible explanation. Those facts supported an inference of intent to evade duty and to clear the excess goods without payment when opportunity arose, so non-entry in the RG-1 register was not treated as a mere technical lapse. The precedent cited by the assessee was distinguished on facts. Because the duty on the short inputs had already been debited, the monetary consequences were moderated and both the redemption fine and penalty were reduced, although confiscation and penalty were upheld in principle. en-us Tue, 10 Sep 2002 00:00:00 +0530 Thu, 15 Mar 2012 13:16:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106717 Rule 173Q of the Central Excise Rules, 1944 was treated as applicable where excess finished goods were found unaccounted in factory stock and inputs were short without plausible explanation. Those facts supported an inference of intent to evade duty and to clear the excess goods without payment when opportunity arose, so non-entry in the RG-1 register was not treated as a mere technical lapse. The precedent cited by the assessee was distinguished on facts. Because the duty on the short inputs had already been debited, the monetary consequences were moderated and both the redemption fine and penalty were reduced, although confiscation and penalty were upheld in principle. Case-Laws Central Excise Tue, 10 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106717