https://www.taxtmi.com/caselaws?id=114514 The tribunal allowed the appeal, overturning the penalty and confiscation of goods imposed by the Assistant Commissioner. It was determined that the goods, electrical resistors, were not fully finished products as declared in the classification declaration, and were intended for further processing. The pending inspection and specific buyer indicated that the goods were not evading duty, leading to the conclusion that they were not unaccounted for as final products. Consequently, the penalty and confiscation were set aside based on the finding that the goods had not reached the stage requiring entry in the RG-1 register. en-us Thu, 30 Sep 2004 00:00:00 +0530 Wed, 16 May 2012 13:16:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114514 The tribunal allowed the appeal, overturning the penalty and confiscation of goods imposed by the Assistant Commissioner. It was determined that the goods, electrical resistors, were not fully finished products as declared in the classification declaration, and were intended for further processing. The pending inspection and specific buyer indicated that the goods were not evading duty, leading to the conclusion that they were not unaccounted for as final products. Consequently, the penalty and confiscation were set aside based on the finding that the goods had not reached the stage requiring entry in the RG-1 register. Case-Laws Central Excise Thu, 30 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114514