https://www.taxtmi.com/caselaws?id=206000 The Appellate Tribunal CESTAT, AHEMDABAD upheld the sustained confiscation of pharmaceutical products valued at Rs.11,40,959/- due to unauthorized manufacturing and non-accounting of goods by M/s Lacure Pharmaceuticals Ltd., a 100% EOU. Penalties and duty demands were imposed under Central Excise and Customs Acts. Despite fulfilling export obligations, discrepancies in the manufacturing process and lack of proper documentation led to penalties. The Tribunal emphasized the importance of maintaining proper accounts and fulfilling obligations, recommending reductions in fines and penalties while remanding the case for further determination on duty payment. Fines and penalties on the appellant and the director were reduced under Central Excise Rules and Customs Act. en-us Fri, 28 Jan 2011 00:00:00 +0530 Fri, 23 Sep 2011 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206000 The Appellate Tribunal CESTAT, AHEMDABAD upheld the sustained confiscation of pharmaceutical products valued at Rs.11,40,959/- due to unauthorized manufacturing and non-accounting of goods by M/s Lacure Pharmaceuticals Ltd., a 100% EOU. Penalties and duty demands were imposed under Central Excise and Customs Acts. Despite fulfilling export obligations, discrepancies in the manufacturing process and lack of proper documentation led to penalties. The Tribunal emphasized the importance of maintaining proper accounts and fulfilling obligations, recommending reductions in fines and penalties while remanding the case for further determination on duty payment. Fines and penalties on the appellant and the director were reduced under Central Excise Rules and Customs Act. Case-Laws Central Excise Fri, 28 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206000