https://www.taxtmi.com/caselaws?id=120337 The Tribunal found that the confiscation of over 98,000 meters of grey fabrics was unjustified as no duty liability had arisen. However, the confiscation of over 22,000 meters of processed fabrics was upheld due to duty evasion upon processing. Penalties imposed on directors were set aside since the main party had no penalty liability. The Tribunal concluded that procedural lapses did not justify confiscation, but removal of processed fabrics without paying duty warranted penalties and confiscation. The appeal succeeded in the confiscation of grey fabrics but failed regarding processed fabrics, with penalties on directors being annulled. en-us Wed, 15 Nov 2006 00:00:00 +0530 Wed, 18 Jul 2012 15:43:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120337 The Tribunal found that the confiscation of over 98,000 meters of grey fabrics was unjustified as no duty liability had arisen. However, the confiscation of over 22,000 meters of processed fabrics was upheld due to duty evasion upon processing. Penalties imposed on directors were set aside since the main party had no penalty liability. The Tribunal concluded that procedural lapses did not justify confiscation, but removal of processed fabrics without paying duty warranted penalties and confiscation. The appeal succeeded in the confiscation of grey fabrics but failed regarding processed fabrics, with penalties on directors being annulled. Case-Laws Central Excise Wed, 15 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120337