https://www.taxtmi.com/caselaws?id=185488 The Tribunal reduced the penalty imposed on the appellant to Rs. 2,500 and waived the redemption fine, aligning with a precedent case. The penalties were deemed excessive as the unaccounted goods were not ready for removal but pending customer confirmation, indicating no intent to evade duty payment. The appellant's inadvertent omission in record-keeping did not demonstrate an intention to evade duty payment, resulting in the reduction of penalties and waiver of the redemption fine, partially allowing the appeal in favor of the appellant. en-us Thu, 19 Nov 2015 00:00:00 +0530 Tue, 16 Aug 2016 11:49:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185488 The Tribunal reduced the penalty imposed on the appellant to Rs. 2,500 and waived the redemption fine, aligning with a precedent case. The penalties were deemed excessive as the unaccounted goods were not ready for removal but pending customer confirmation, indicating no intent to evade duty payment. The appellant's inadvertent omission in record-keeping did not demonstrate an intention to evade duty payment, resulting in the reduction of penalties and waiver of the redemption fine, partially allowing the appeal in favor of the appellant. Case-Laws Central Excise Thu, 19 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185488