https://www.taxtmi.com/caselaws?id=219209 Finished goods found unaccounted in the factory and not entered in the RG-I register were treated as contravening Rule 10 of the Central Excise Rules, supporting confiscation and penalty under Rule 25(1)(b). The absence of statutory records at the factory during inspection, coupled with the duty-evasion background and settlement before the Settlement Commission, supported the view that the goods were meant for clandestine removal. Confiscation and liability to penalty were therefore sustained, while the prior settlement of duty liability justified moderation of the monetary consequences. The redemption fine and penalties were reduced accordingly. en-us Mon, 26 Mar 2012 00:00:00 +0530 Thu, 18 Oct 2012 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219209 Finished goods found unaccounted in the factory and not entered in the RG-I register were treated as contravening Rule 10 of the Central Excise Rules, supporting confiscation and penalty under Rule 25(1)(b). The absence of statutory records at the factory during inspection, coupled with the duty-evasion background and settlement before the Settlement Commission, supported the view that the goods were meant for clandestine removal. Confiscation and liability to penalty were therefore sustained, while the prior settlement of duty liability justified moderation of the monetary consequences. The redemption fine and penalties were reduced accordingly. Case-Laws Central Excise Mon, 26 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219209