https://www.taxtmi.com/caselaws?id=48527 Concurrent findings that finished goods and raw materials were not properly accounted for in statutory records, and that the assessee's explanation did not displace those findings, were treated as sufficient to sustain the core adverse consequences. The Tribunal had already reduced the redemption fine and penalties while maintaining confiscation and reversal of Cenvat credit linked to the irregular accounting and credit availment. On those facts, no substantial question of law arose for appellate interference, so the reduced reliefs and remaining liabilities were upheld. en-us Tue, 16 Jun 2009 00:00:00 +0530 Fri, 07 Nov 2014 13:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48527 Concurrent findings that finished goods and raw materials were not properly accounted for in statutory records, and that the assessee's explanation did not displace those findings, were treated as sufficient to sustain the core adverse consequences. The Tribunal had already reduced the redemption fine and penalties while maintaining confiscation and reversal of Cenvat credit linked to the irregular accounting and credit availment. On those facts, no substantial question of law arose for appellate interference, so the reduced reliefs and remaining liabilities were upheld. Case-Laws Central Excise Tue, 16 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48527