https://www.taxtmi.com/caselaws?id=111403 No clandestine production or removal was established where the goods consisted of raw materials and items at different stages of manufacture, and the shortage of input credit had already been reversed. The real default was failure to make proper entries in excise records, so confiscation and the harsher penalty under Rule 173Q and the Revenue's demanded statutory penalty were not justified. The appropriate consequence was only the limited penalty for the recording lapse, and the enhanced sanctions were set aside. en-us Tue, 09 Dec 2003 00:00:00 +0530 Mon, 23 Apr 2012 13:35:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111403 No clandestine production or removal was established where the goods consisted of raw materials and items at different stages of manufacture, and the shortage of input credit had already been reversed. The real default was failure to make proper entries in excise records, so confiscation and the harsher penalty under Rule 173Q and the Revenue's demanded statutory penalty were not justified. The appropriate consequence was only the limited penalty for the recording lapse, and the enhanced sanctions were set aside. Case-Laws Central Excise Tue, 09 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111403