https://www.taxtmi.com/caselaws?id=330293 The Tribunal upheld the confiscation of packing materials due to the appellant's failure to explain the source of purchase, reducing the redemption fine but setting aside penalties under Rule 25. The penalty under Rule 26 was overturned due to lack of notice and opportunity of hearing for the appellant. The Tribunal emphasized the appellant's obligation to maintain proper accounts of taxable inputs. The appeal was allowed in part, with the confiscation upheld, redemption fine reduced, and penalties under Rule 26 and Rule 25 set aside. en-us Mon, 09 May 2016 00:00:00 +0530 Fri, 22 Jul 2016 13:37:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330293 The Tribunal upheld the confiscation of packing materials due to the appellant's failure to explain the source of purchase, reducing the redemption fine but setting aside penalties under Rule 25. The penalty under Rule 26 was overturned due to lack of notice and opportunity of hearing for the appellant. The Tribunal emphasized the appellant's obligation to maintain proper accounts of taxable inputs. The appeal was allowed in part, with the confiscation upheld, redemption fine reduced, and penalties under Rule 26 and Rule 25 set aside. Case-Laws Central Excise Mon, 09 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330293