https://www.taxtmi.com/caselaws?id=259076 The tribunal upheld the confiscation of unaccounted goods in the factory premises due to the potential for clandestine removal without duty payment. The goods, fully finished and packed for export, were seized as they were not recorded in the statutory register, indicating a risk of evasion. While the redemption fine and penalty were imposed, they were reduced considering the goods' export purpose. The decision aimed to balance enforcement with fairness in penalty imposition, ultimately affirming the confiscation but mitigating the financial penalties. en-us Thu, 05 Feb 2015 00:00:00 +0530 Mon, 17 Aug 2015 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259076 The tribunal upheld the confiscation of unaccounted goods in the factory premises due to the potential for clandestine removal without duty payment. The goods, fully finished and packed for export, were seized as they were not recorded in the statutory register, indicating a risk of evasion. While the redemption fine and penalty were imposed, they were reduced considering the goods' export purpose. The decision aimed to balance enforcement with fairness in penalty imposition, ultimately affirming the confiscation but mitigating the financial penalties. Case-Laws Central Excise Thu, 05 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259076