https://www.taxtmi.com/caselaws?id=360938 The Tribunal upheld the confiscation of excess stock and penalty imposition in the case involving a manufacturing company appealing against an order-in-appeal. The appellant's contention of non-entry in the register leading to excess stock was not accepted fully, with the Tribunal finding the stock likely intended for clandestine clearance. While the confiscation was upheld, the redemption fine was reduced to &8377; 4 lakhs. The appeal was partly allowed, affirming the order with modifications based on the evidence and arguments presented. en-us Wed, 07 Mar 2018 00:00:00 +0530 Sat, 26 May 2018 07:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360938 The Tribunal upheld the confiscation of excess stock and penalty imposition in the case involving a manufacturing company appealing against an order-in-appeal. The appellant's contention of non-entry in the register leading to excess stock was not accepted fully, with the Tribunal finding the stock likely intended for clandestine clearance. While the confiscation was upheld, the redemption fine was reduced to &8377; 4 lakhs. The appeal was partly allowed, affirming the order with modifications based on the evidence and arguments presented. Case-Laws Central Excise Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360938