https://www.taxtmi.com/caselaws?id=203744 The Tribunal upheld the original authority's decision on the liability for confiscation of excess stock of molasses, setting aside the Commissioner (Appeals) order. The respondents' failure to seek provisional release before clearing the seized goods and their improper maintenance of accounts led to the imposition of a reduced redemption fine and penalty. The Tribunal disagreed with the Commissioner (Appeals) on the clearance of the seized goods, ultimately restoring the original authority's order and reducing the redemption fine and penalty amounts. en-us Fri, 28 Jan 2011 00:00:00 +0530 Mon, 20 Feb 2012 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203744 The Tribunal upheld the original authority's decision on the liability for confiscation of excess stock of molasses, setting aside the Commissioner (Appeals) order. The respondents' failure to seek provisional release before clearing the seized goods and their improper maintenance of accounts led to the imposition of a reduced redemption fine and penalty. The Tribunal disagreed with the Commissioner (Appeals) on the clearance of the seized goods, ultimately restoring the original authority's order and reducing the redemption fine and penalty amounts. Case-Laws Central Excise Fri, 28 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203744