https://www.taxtmi.com/caselaws?id=116062 Where Small Scale Industry exemption kept clearances within the prescribed limit, the assessee was not required to obtain registration, furnish a declaration, or maintain records under the exemption notification. In the absence of material showing that seized invoices or bills proved crossing of the exemption threshold, the goods could not be treated as lawfully liable to seizure or confiscation. Penalty for alleged non-maintenance of records was therefore unsustainable. The confiscation and penalties were set aside, and consequential relief was allowed to the extent permissible in law. en-us Thu, 01 Jul 2004 00:00:00 +0530 Wed, 06 Jun 2012 18:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116062 Where Small Scale Industry exemption kept clearances within the prescribed limit, the assessee was not required to obtain registration, furnish a declaration, or maintain records under the exemption notification. In the absence of material showing that seized invoices or bills proved crossing of the exemption threshold, the goods could not be treated as lawfully liable to seizure or confiscation. Penalty for alleged non-maintenance of records was therefore unsustainable. The confiscation and penalties were set aside, and consequential relief was allowed to the extent permissible in law. Case-Laws Central Excise Thu, 01 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116062