https://www.taxtmi.com/caselaws?id=107473 Raw materials and work-in-process were not liable to confiscation because they had not yet become finished excisable goods. Their entry in the cash book also undermined any allegation of clandestine manufacture or removal without payment of duty. Rule 173Q was inapplicable because none of its prescribed offences was established, and Rule 226 could not sustain the action on these facts. The confiscation, redemption fine, and penalty were therefore unsustainable and were set aside in favour of the assessee. en-us Tue, 25 Feb 2003 00:00:00 +0530 Thu, 22 Mar 2012 17:28:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107473 Raw materials and work-in-process were not liable to confiscation because they had not yet become finished excisable goods. Their entry in the cash book also undermined any allegation of clandestine manufacture or removal without payment of duty. Rule 173Q was inapplicable because none of its prescribed offences was established, and Rule 226 could not sustain the action on these facts. The confiscation, redemption fine, and penalty were therefore unsustainable and were set aside in favour of the assessee. Case-Laws Central Excise Tue, 25 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107473