https://www.taxtmi.com/caselaws?id=243507 The judgment upheld the confiscation of excess footwear found during inspection but set aside the duty demand confirmation and penalty imposition on the appellants. The confiscation was confirmed with an option to redeem upon payment of a fine. The duty demand based on alleged clandestine clearance through inner box purchases was recalculated considering a reasonable wastage percentage, reducing the penalty. The disallowance of a higher wastage percentage was overturned due to lack of evidence supporting clandestine removal. The demand of duty linked to the procurement of PVC Resin was set aside for lack of evidence. Penalties were not justified and therefore not imposed. en-us Fri, 27 Dec 2013 00:00:00 +0530 Mon, 01 Jun 2015 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243507 The judgment upheld the confiscation of excess footwear found during inspection but set aside the duty demand confirmation and penalty imposition on the appellants. The confiscation was confirmed with an option to redeem upon payment of a fine. The duty demand based on alleged clandestine clearance through inner box purchases was recalculated considering a reasonable wastage percentage, reducing the penalty. The disallowance of a higher wastage percentage was overturned due to lack of evidence supporting clandestine removal. The demand of duty linked to the procurement of PVC Resin was set aside for lack of evidence. Penalties were not justified and therefore not imposed. Case-Laws Central Excise Fri, 27 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243507