https://www.taxtmi.com/caselaws?id=122713 The court set aside the confiscation of unaccounted goods and reduced the penalty imposed on the Respondents. The Director of the Company explained the excess goods were manufactured to meet customer demands promptly and that unprinted goods were a known practice. The goods were cleared on payment of duty, claimed as semi-finished goods stored without proper accounting. The absence of evidence of clandestine removal or semi-finished goods led to the confiscation being set aside. The Tribunal's ruling on mens rea was deemed inapplicable due to the specific circumstances. The penalty imposition was upheld, and the Revenue's appeal was rejected. en-us Fri, 03 Aug 2007 00:00:00 +0530 Thu, 16 Aug 2012 17:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122713 The court set aside the confiscation of unaccounted goods and reduced the penalty imposed on the Respondents. The Director of the Company explained the excess goods were manufactured to meet customer demands promptly and that unprinted goods were a known practice. The goods were cleared on payment of duty, claimed as semi-finished goods stored without proper accounting. The absence of evidence of clandestine removal or semi-finished goods led to the confiscation being set aside. The Tribunal's ruling on mens rea was deemed inapplicable due to the specific circumstances. The penalty imposition was upheld, and the Revenue's appeal was rejected. Case-Laws Central Excise Fri, 03 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122713