https://www.taxtmi.com/caselaws?id=237991 The Tribunal set aside the order-in-original and order-in-appeal regarding the confiscation of excess stock of finished goods and inputs by the appellant company. It found the confiscation based on eye estimation without weighment unsustainable and unjustified. The imposition of redemption fine and penalty on the Managing Director was deemed unjust due to lack of proper weighment and legal grounds. The Tribunal emphasized the necessity for adherence to legal provisions and precedents, leading to the waiver of the pre-deposit requirement for the appeal and ultimately ruling in favor of the appellant company and the Managing Director. en-us Tue, 03 Sep 2013 00:00:00 +0530 Mon, 01 Jun 2015 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237991 The Tribunal set aside the order-in-original and order-in-appeal regarding the confiscation of excess stock of finished goods and inputs by the appellant company. It found the confiscation based on eye estimation without weighment unsustainable and unjustified. The imposition of redemption fine and penalty on the Managing Director was deemed unjust due to lack of proper weighment and legal grounds. The Tribunal emphasized the necessity for adherence to legal provisions and precedents, leading to the waiver of the pre-deposit requirement for the appeal and ultimately ruling in favor of the appellant company and the Managing Director. Case-Laws Central Excise Tue, 03 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237991