https://www.taxtmi.com/caselaws?id=370560 Cutting and slitting jumbo paper rolls was later treated as manufacture, but the relevant seizure and confiscation occurred in July 2014 when the earlier Supreme Court view supporting the assessee's bona fide belief was still in force. That absence of mala fides was material to the penalty and confiscation question. Although the goods were liable to duty on clearance, the surrounding facts did not justify confiscation or penal action against the unit or its director. Confiscation and penalties were therefore held unsustainable and were set aside. en-us Wed, 31 Oct 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370560 Cutting and slitting jumbo paper rolls was later treated as manufacture, but the relevant seizure and confiscation occurred in July 2014 when the earlier Supreme Court view supporting the assessee's bona fide belief was still in force. That absence of mala fides was material to the penalty and confiscation question. Although the goods were liable to duty on clearance, the surrounding facts did not justify confiscation or penal action against the unit or its director. Confiscation and penalties were therefore held unsustainable and were set aside. Case-Laws Central Excise Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370560