https://www.taxtmi.com/caselaws?id=40577 A duty demand based only on non-accountal of wool tops, without independent or corroborative evidence of clandestine manufacture or clearance, was held unsustainable and set aside. The record showed merely a Form IV accounting lapse, which was insufficient to support an inference of evasion. On penalty, the original penalty could not be maintained under Rule 173Q, but the proved failure to keep Form IV properly and up to date, and the bringing of non-manufacturing goods into the factory, constituted a breach of Rule 226. The penalty was therefore sustained only in converted form under Rule 226. en-us Tue, 28 Nov 1978 00:00:00 +0530 Mon, 10 May 2010 17:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40577 A duty demand based only on non-accountal of wool tops, without independent or corroborative evidence of clandestine manufacture or clearance, was held unsustainable and set aside. The record showed merely a Form IV accounting lapse, which was insufficient to support an inference of evasion. On penalty, the original penalty could not be maintained under Rule 173Q, but the proved failure to keep Form IV properly and up to date, and the bringing of non-manufacturing goods into the factory, constituted a breach of Rule 226. The penalty was therefore sustained only in converted form under Rule 226. Case-Laws Central Excise Tue, 28 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40577