https://www.taxtmi.com/caselaws?id=52639 For a 100% Export Oriented Unit, Rule 100H(3) excluded the application of Rules 47 and 53 to excisable goods manufactured in the unit, so RG-1 maintenance was not required in the same manner as for a normal unit. On that basis, excess stock found during verification could not justify confiscation or penalty where the record-keeping obligation itself did not apply. The separate shortage objection concerning two moulds also failed because the moulds were produced later, removing any sustained basis for shortage or irregularity. The confiscation and penalty were therefore held unsustainable. en-us Fri, 16 Jan 2004 00:00:00 +0530 Thu, 07 Oct 2010 10:06:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52639 For a 100% Export Oriented Unit, Rule 100H(3) excluded the application of Rules 47 and 53 to excisable goods manufactured in the unit, so RG-1 maintenance was not required in the same manner as for a normal unit. On that basis, excess stock found during verification could not justify confiscation or penalty where the record-keeping obligation itself did not apply. The separate shortage objection concerning two moulds also failed because the moulds were produced later, removing any sustained basis for shortage or irregularity. The confiscation and penalty were therefore held unsustainable. Case-Laws Central Excise Fri, 16 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52639