https://www.taxtmi.com/caselaws?id=120462 Excess inputs found in a 100% EOU did not justify confiscation under Section 111(o) of the Customs Act where no breach of the exemption notification conditions was found. The imported inputs were obtained under Notification No. 13/81-Cus. for manufacture by the EOU, and a mere mismatch between book stock and physical stock was held insufficient to establish the statutory violation required for confiscation. Because confiscation was unsustainable on that basis, the consequential penalty resting on the same foundation could not be sustained. en-us Mon, 13 Nov 2006 00:00:00 +0530 Fri, 20 Jul 2012 11:31:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120462 Excess inputs found in a 100% EOU did not justify confiscation under Section 111(o) of the Customs Act where no breach of the exemption notification conditions was found. The imported inputs were obtained under Notification No. 13/81-Cus. for manufacture by the EOU, and a mere mismatch between book stock and physical stock was held insufficient to establish the statutory violation required for confiscation. Because confiscation was unsustainable on that basis, the consequential penalty resting on the same foundation could not be sustained. Case-Laws Central Excise Mon, 13 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120462