Confiscated Stock Not Recorded in RG-1 Register; Appeal Fails to Prove No Intent to Evade Duty; Penalty Reduced.

Confiscated Stock Not Recorded in RG-1 Register; Appeal Fails to Prove No Intent to Evade Duty; Penalty Reduced. https://www.taxtmi.com/highlights?id=25532 Confiscation of goods - Excess stock found which was not recorded in RG-1 Register - search was conducted as on 10/3/2011 - RG-1 Register was updated only till 28/2/2011 - Contention of the appellant that there is no intention to evade the payment of duty is not tenable - redemption fine and penalty confirmed but reduced - AT en-us Mon, 26 Oct 2015 02:26:25 +0530 Mon, 26 Oct 2015 02:26:25 +0530 TaxTMI RSS Generator Confiscated Stock Not Recorded in RG-1 Register; Appeal Fails to Prove No Intent to Evade Duty; Penalty Reduced. https://www.taxtmi.com/highlights?id=25532 Confiscation of goods - Excess stock found which was not recorded in RG-1 Register - search was conducted as on 10/3/2011 - RG-1 Register was updated only till 28/2/2011 - Contention of the appellant that there is no intention to evade the payment of duty is not tenable - redemption fine and penalty confirmed but reduced - AT Highlights Central Excise Mon, 26 Oct 2015 02:26:25 +0530 https://www.taxtmi.com/highlights?id=25532