https://www.taxtmi.com/caselaws?id=356301 Finished goods become liable for RG-1 entry only when they are shown to have reached a marketable stage. On the facts discussed, the transformers were under manufacture against contracts for State power organisations, required inspection before dispatch, and the evidence did not prove that they were complete finished goods or that excess stock had been clandestinely removed. The Revenue also failed to produce cogent material rebutting the factual findings or proving clandestine clearance, so duty demand, confiscation and penalty were not sustainable and the assessee's position remained undisturbed. en-us Thu, 04 Jan 2018 00:00:00 +0530 Thu, 01 Mar 2018 07:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356301 Finished goods become liable for RG-1 entry only when they are shown to have reached a marketable stage. On the facts discussed, the transformers were under manufacture against contracts for State power organisations, required inspection before dispatch, and the evidence did not prove that they were complete finished goods or that excess stock had been clandestinely removed. The Revenue also failed to produce cogent material rebutting the factual findings or proving clandestine clearance, so duty demand, confiscation and penalty were not sustainable and the assessee's position remained undisturbed. Case-Laws Central Excise Thu, 04 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356301