https://www.taxtmi.com/caselaws?id=109813 Unmarketable goods still awaiting ISI testing and not yet at the finished stage could not be confiscated merely because they were unrecorded in stock, but finished PVC compound loaded in a tempo at the factory gate was treated as goods taken for marketing and its non-accountal supported confiscation. A duty demand based on shortages of inputs failed because there was no evidence of clandestine manufacture or removal, and the assessee's explanation that the inputs were used in excess in-factory production was not rebutted. Penalty was therefore scaled down in line with the limited surviving lapse and reduced to Rs. 5,000. en-us Tue, 11 Mar 2003 00:00:00 +0530 Thu, 12 Apr 2012 10:46:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109813 Unmarketable goods still awaiting ISI testing and not yet at the finished stage could not be confiscated merely because they were unrecorded in stock, but finished PVC compound loaded in a tempo at the factory gate was treated as goods taken for marketing and its non-accountal supported confiscation. A duty demand based on shortages of inputs failed because there was no evidence of clandestine manufacture or removal, and the assessee's explanation that the inputs were used in excess in-factory production was not rebutted. Penalty was therefore scaled down in line with the limited surviving lapse and reduced to Rs. 5,000. Case-Laws Central Excise Tue, 11 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109813