https://www.taxtmi.com/caselaws?id=175617 After compounding of an excise offence under the A.P. Excise Act, 1968 and payment of the prescribed compounding fee, the statutory scheme treated the matter as concluded, with acceptance of compensation operating as an acquittal and barring further proceedings in relation to the same act. The seizure and confiscation provisions did not justify an additional demand for the full value of duty-paid stock as a condition for release where the goods had not been adjudged liable to confiscation. The further monetary demand was therefore unwarranted, and the seized stock was to be released without insisting on that payment. en-us Fri, 08 Aug 1997 00:00:00 +0530 Mon, 30 Nov 2015 11:22:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175617 After compounding of an excise offence under the A.P. Excise Act, 1968 and payment of the prescribed compounding fee, the statutory scheme treated the matter as concluded, with acceptance of compensation operating as an acquittal and barring further proceedings in relation to the same act. The seizure and confiscation provisions did not justify an additional demand for the full value of duty-paid stock as a condition for release where the goods had not been adjudged liable to confiscation. The further monetary demand was therefore unwarranted, and the seized stock was to be released without insisting on that payment. Case-Laws Central Excise Fri, 08 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175617