https://www.taxtmi.com/caselaws?id=260695 Seized cash linked to alleged clandestine excise evasion was not ordered to be returned, as prima facie material connected the amount with unaccounted sale proceeds and possible recovery proceedings. The challenge to adjudication and confiscation failed because search material, electronic records, employee statements and bank accounts indicated the petitioner was actively involved in the business and could not be treated as a mere shareholder. The arrest challenge also failed: the Court noted statutory arrest powers, non-cooperation, a prima facie case of fraud and duty evasion, and production before the Magistrate within time, holding the offence to be cognizable and non-bailable. en-us Wed, 15 Apr 2015 00:00:00 +0530 Mon, 04 Jan 2016 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260695 Seized cash linked to alleged clandestine excise evasion was not ordered to be returned, as prima facie material connected the amount with unaccounted sale proceeds and possible recovery proceedings. The challenge to adjudication and confiscation failed because search material, electronic records, employee statements and bank accounts indicated the petitioner was actively involved in the business and could not be treated as a mere shareholder. The arrest challenge also failed: the Court noted statutory arrest powers, non-cooperation, a prima facie case of fraud and duty evasion, and production before the Magistrate within time, holding the offence to be cognizable and non-bailable. Case-Laws Central Excise Wed, 15 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260695