https://www.taxtmi.com/caselaws?id=115538 A small scale industry unit not required to maintain statutory records could not have goods lying in its factory confiscated when no duty evasion was shown and no duty was payable; confiscation was therefore set aside. However, failure to maintain the simplified movement record still attracted penal consequences, so penalty remained payable but was reduced in light of the facts and circumstances. The order was thus modified to remove confiscation while sustaining only the reduced penalty. en-us Mon, 09 May 2005 00:00:00 +0530 Wed, 30 May 2012 17:36:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115538 A small scale industry unit not required to maintain statutory records could not have goods lying in its factory confiscated when no duty evasion was shown and no duty was payable; confiscation was therefore set aside. However, failure to maintain the simplified movement record still attracted penal consequences, so penalty remained payable but was reduced in light of the facts and circumstances. The order was thus modified to remove confiscation while sustaining only the reduced penalty. Case-Laws Central Excise Mon, 09 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115538