https://www.taxtmi.com/caselaws?id=124207 Excess finished goods were not treated as liable to confiscation because the evidence did not show clandestine removal; mere packed, ready-for-despatch condition was insufficient, especially where the quantity remained within the assessee's daily processing capacity, so confiscation was set aside. The duty demand and interest were maintained, but the penal consequence was moderated because the original statutory penalty was found excessive in the circumstances; the Section 11AC penalty was reduced to Rs. 1 lakh and the separate penalty under Rule 25(1) was set aside. en-us Wed, 13 Jun 2007 00:00:00 +0530 Wed, 26 Sep 2012 16:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124207 Excess finished goods were not treated as liable to confiscation because the evidence did not show clandestine removal; mere packed, ready-for-despatch condition was insufficient, especially where the quantity remained within the assessee's daily processing capacity, so confiscation was set aside. The duty demand and interest were maintained, but the penal consequence was moderated because the original statutory penalty was found excessive in the circumstances; the Section 11AC penalty was reduced to Rs. 1 lakh and the separate penalty under Rule 25(1) was set aside. Case-Laws Central Excise Wed, 13 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124207