https://www.taxtmi.com/caselaws?id=205041 Where statutory records were not produced at the time of inspection but were later produced and the delay was satisfactorily explained, confiscation and redemption fine were not sustainable absent evidence of clandestine removal or intent to evade duty. Penalty under Rule 25 of the Central Excise Rules, 2002 also could not stand because fraud, collusion, suppression of facts, misstatement, or similar culpable intent was neither alleged nor proved. The confiscation, redemption fine, and penalty were therefore set aside in favour of the assessee. en-us Mon, 18 Oct 2010 00:00:00 +0530 Wed, 17 Aug 2011 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205041 Where statutory records were not produced at the time of inspection but were later produced and the delay was satisfactorily explained, confiscation and redemption fine were not sustainable absent evidence of clandestine removal or intent to evade duty. Penalty under Rule 25 of the Central Excise Rules, 2002 also could not stand because fraud, collusion, suppression of facts, misstatement, or similar culpable intent was neither alleged nor proved. The confiscation, redemption fine, and penalty were therefore set aside in favour of the assessee. Case-Laws Central Excise Mon, 18 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205041