https://www.taxtmi.com/caselaws?id=52119 Confiscation, redemption fine and penalty were held unwarranted for a 100% export oriented unit because the goods remained in the factory for export, the unit was not required to maintain RG-I under the applicable Board circular, and no element of duty evasion arose. The intermediate product had already been subjected to duty and the duty was accepted and paid, so the basis for penal action was absent. The confiscation, redemption fine and penalty were therefore rightly set aside. en-us Tue, 01 Jul 2003 00:00:00 +0530 Fri, 01 Oct 2010 13:24:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52119 Confiscation, redemption fine and penalty were held unwarranted for a 100% export oriented unit because the goods remained in the factory for export, the unit was not required to maintain RG-I under the applicable Board circular, and no element of duty evasion arose. The intermediate product had already been subjected to duty and the duty was accepted and paid, so the basis for penal action was absent. The confiscation, redemption fine and penalty were therefore rightly set aside. Case-Laws Central Excise Tue, 01 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52119