https://www.taxtmi.com/caselaws?id=118713 Unentered processed fabrics found in statutory records, supported by contemporaneous statements and unretracted evidence, were treated as intended for clandestine clearance and therefore liable to confiscation. The explanation that they represented one day's production failed because no material showed manufacturing capacity, prior RG-1 accounting, or proper raw material entry. Confiscation was sustained. On sanctions, the redemption fine was reduced in view of the goods' value, the company's penalty was left unchanged, and the personal penalty on the authorised signatory was reduced. en-us Wed, 18 May 2005 00:00:00 +0530 Thu, 05 Jul 2012 12:36:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118713 Unentered processed fabrics found in statutory records, supported by contemporaneous statements and unretracted evidence, were treated as intended for clandestine clearance and therefore liable to confiscation. The explanation that they represented one day's production failed because no material showed manufacturing capacity, prior RG-1 accounting, or proper raw material entry. Confiscation was sustained. On sanctions, the redemption fine was reduced in view of the goods' value, the company's penalty was left unchanged, and the personal penalty on the authorised signatory was reduced. Case-Laws Central Excise Wed, 18 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118713