https://www.taxtmi.com/caselaws?id=33901 The Tribunal upheld the confiscation of excess stock and imposition of penalties, emphasizing strict liability in accounting for goods. Despite mitigating circumstances, the appellant's explanations for the excess stock were deemed unconvincing. The Tribunal reduced the redemption fine from Rs. 1,60,000 to Rs. 75,000 and the penalty from Rs. 50,000 to Rs. 2,000, considering the severity of the offense and the mitigating factors presented. en-us Fri, 03 Oct 2008 00:00:00 +0530 Mon, 22 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33901 The Tribunal upheld the confiscation of excess stock and imposition of penalties, emphasizing strict liability in accounting for goods. Despite mitigating circumstances, the appellant's explanations for the excess stock were deemed unconvincing. The Tribunal reduced the redemption fine from Rs. 1,60,000 to Rs. 75,000 and the penalty from Rs. 50,000 to Rs. 2,000, considering the severity of the offense and the mitigating factors presented. Case-Laws Central Excise Fri, 03 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33901