https://www.taxtmi.com/caselaws?id=107225 An SSI unit cannot be subjected to confiscation of finished goods and raw materials, or to personal penalty, merely because it lacked the statutory registration or records assumed by the department when there was no allegation that the exemption limit had been crossed. Where the seized stock, account and related records were examined and no discrepancy was found, the basis for treating the goods as liable to confiscation failed, and the foundation for penalty under the excise rules also disappeared. The confiscation and personal penalty were therefore unsustainable. en-us Tue, 08 Oct 2002 00:00:00 +0530 Mon, 19 Mar 2012 16:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107225 An SSI unit cannot be subjected to confiscation of finished goods and raw materials, or to personal penalty, merely because it lacked the statutory registration or records assumed by the department when there was no allegation that the exemption limit had been crossed. Where the seized stock, account and related records were examined and no discrepancy was found, the basis for treating the goods as liable to confiscation failed, and the foundation for penalty under the excise rules also disappeared. The confiscation and personal penalty were therefore unsustainable. Case-Laws Central Excise Tue, 08 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107225