https://www.taxtmi.com/caselaws?id=50695 Mere non-accountal of finished excisable goods in statutory records did not justify confiscation or a penalty under the stricter penal provision where there was no evidence of removal, loading, or any preparatory act toward illegal removal. The goods were treated as rejected or spillover quantities, and the record failed to show the intention required for confiscatory action. Applying strict construction of penal provisions, the only contravention established was non-accountal, which attracted only the limited penalty prescribed for that default. Confiscation and redemption fine were therefore unsustainable, and the penalty was confined to the maximum amount permissible for non-accountal, granting partial relief to the assessee. en-us Thu, 14 Jun 2001 00:00:00 +0530 Wed, 25 Aug 2010 13:53:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50695 Mere non-accountal of finished excisable goods in statutory records did not justify confiscation or a penalty under the stricter penal provision where there was no evidence of removal, loading, or any preparatory act toward illegal removal. The goods were treated as rejected or spillover quantities, and the record failed to show the intention required for confiscatory action. Applying strict construction of penal provisions, the only contravention established was non-accountal, which attracted only the limited penalty prescribed for that default. Confiscation and redemption fine were therefore unsustainable, and the penalty was confined to the maximum amount permissible for non-accountal, granting partial relief to the assessee. Case-Laws Central Excise Thu, 14 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50695