https://www.taxtmi.com/caselaws?id=266867 The Tribunal upheld the confiscation of finished goods but acknowledged that rejected items should not have been confiscated. Penalties under Central Excise Rules were deemed justified due to indications of intent to evade duty. The Tribunal found a reasonable belief for confiscation under the Customs Act based on recovered unaccounted goods and loose papers. The Tribunal reduced the redemption fine and penalties, setting aside the penalty on one party. The appeal by Shri Deepak Maini was allowed, and the appeal by M/s. Sargodha Enterprises was partly allowed, with modifications to fines and penalties. en-us Wed, 14 Oct 2015 00:00:00 +0530 Tue, 07 Feb 2017 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266867 The Tribunal upheld the confiscation of finished goods but acknowledged that rejected items should not have been confiscated. Penalties under Central Excise Rules were deemed justified due to indications of intent to evade duty. The Tribunal found a reasonable belief for confiscation under the Customs Act based on recovered unaccounted goods and loose papers. The Tribunal reduced the redemption fine and penalties, setting aside the penalty on one party. The appeal by Shri Deepak Maini was allowed, and the appeal by M/s. Sargodha Enterprises was partly allowed, with modifications to fines and penalties. Case-Laws Central Excise Wed, 14 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266867