https://www.taxtmi.com/caselaws?id=330574 Unaccounted physical stock, when read with clearance figures, showed that the SSI exemption threshold under Notification No. 8/03-CE was crossed and registration was required. In the absence of registration, the stock was treated as liable to confiscation as goods meant for clandestine removal, and that confiscation was sustained. However, the redemption fine and penalty were found excessive on the facts and were reduced. en-us Fri, 13 May 2016 00:00:00 +0530 Fri, 29 Jul 2016 12:41:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330574 Unaccounted physical stock, when read with clearance figures, showed that the SSI exemption threshold under Notification No. 8/03-CE was crossed and registration was required. In the absence of registration, the stock was treated as liable to confiscation as goods meant for clandestine removal, and that confiscation was sustained. However, the redemption fine and penalty were found excessive on the facts and were reduced. Case-Laws Central Excise Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330574