https://www.taxtmi.com/caselaws?id=116622 The tribunal partially allowed the appeals, ruling in favor of the appellants by setting aside penalties and redemption fine imposed on them. The tribunal held that the confiscation of goods and redemption fine should have been imposed on the unit that originally owned the raw material, not the appellants. Duty on goods cleared by the earlier company was deemed not applicable to the appellants as the liability was not fixed when they purchased the factory. However, the duty charged on scrap was upheld due to the small amount involved. en-us Tue, 04 Oct 2005 00:00:00 +0530 Thu, 14 Jun 2012 12:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116622 The tribunal partially allowed the appeals, ruling in favor of the appellants by setting aside penalties and redemption fine imposed on them. The tribunal held that the confiscation of goods and redemption fine should have been imposed on the unit that originally owned the raw material, not the appellants. Duty on goods cleared by the earlier company was deemed not applicable to the appellants as the liability was not fixed when they purchased the factory. However, the duty charged on scrap was upheld due to the small amount involved. Case-Laws Central Excise Tue, 04 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116622