https://www.taxtmi.com/caselaws?id=446560 CESTAT Ahmedabad held that cash of Rs. 50,73,710 seized from partner's residence, being sale proceeds of clandestinely removed excisable goods sold without duty payment, was liable for confiscation. The Adjudicating Authority erred by adjusting seized cash against duty, interest and penalty without passing confiscation order. Commissioner (Appeals) should have remanded matter instead of directly confiscating cash. Appeal allowed by way of remand to Adjudicating Authority for proper consideration of confiscation proceedings. en-us Tue, 21 Nov 2023 00:00:00 +0530 Thu, 07 Dec 2023 07:17:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446560 CESTAT Ahmedabad held that cash of Rs. 50,73,710 seized from partner's residence, being sale proceeds of clandestinely removed excisable goods sold without duty payment, was liable for confiscation. The Adjudicating Authority erred by adjusting seized cash against duty, interest and penalty without passing confiscation order. Commissioner (Appeals) should have remanded matter instead of directly confiscating cash. Appeal allowed by way of remand to Adjudicating Authority for proper consideration of confiscation proceedings. Case-Laws Central Excise Tue, 21 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446560