https://www.taxtmi.com/caselaws?id=114691 Goods found unaccounted by registered dealers may be confiscated for breach of record-keeping obligations, and a redemption fine in lieu of confiscation remains permissible even where the goods were provisionally released on bond. The confiscation and reduced redemption fine were upheld because the goods were not duly accounted for in the statutory records. A penalty for violation of Rule 57GG was also sustained, with the lower amount recorded in the detailed discussion treated as the correct figure despite a typographical inconsistency elsewhere in the order. en-us Wed, 24 Nov 2004 00:00:00 +0530 Sat, 19 May 2012 10:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114691 Goods found unaccounted by registered dealers may be confiscated for breach of record-keeping obligations, and a redemption fine in lieu of confiscation remains permissible even where the goods were provisionally released on bond. The confiscation and reduced redemption fine were upheld because the goods were not duly accounted for in the statutory records. A penalty for violation of Rule 57GG was also sustained, with the lower amount recorded in the detailed discussion treated as the correct figure despite a typographical inconsistency elsewhere in the order. Case-Laws Central Excise Wed, 24 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114691