https://www.taxtmi.com/caselaws?id=117295 Admissions corroborated by contemporaneous internal production records and seized documents sustained the finding of clandestine removal of rigid PVC pipes, and the duty demand was upheld. Shortages of finished goods and inputs were also held dutyable because the stock reconciliations and raw-material accounting explanations did not match the recorded balances, so those demands were confirmed. Confiscation of inputs, finished goods, land, building, plant and machinery was set aside for want of the requisite legal ingredients for confiscation on mere non-accountal. Penalties on the manufacturing units and the General Manager were sustained but reduced in view of the facts and circumstances. en-us Tue, 26 Jul 2005 00:00:00 +0530 Thu, 21 Jun 2012 16:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117295 Admissions corroborated by contemporaneous internal production records and seized documents sustained the finding of clandestine removal of rigid PVC pipes, and the duty demand was upheld. Shortages of finished goods and inputs were also held dutyable because the stock reconciliations and raw-material accounting explanations did not match the recorded balances, so those demands were confirmed. Confiscation of inputs, finished goods, land, building, plant and machinery was set aside for want of the requisite legal ingredients for confiscation on mere non-accountal. Penalties on the manufacturing units and the General Manager were sustained but reduced in view of the facts and circumstances. Case-Laws Central Excise Tue, 26 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117295