https://www.taxtmi.com/caselaws?id=53028 Unaccounted removal and storage of excisable goods attract duty demand, penalty, and confiscation when statutory records do not reflect receipt or clearance and the lapse indicates evasion. The duty demand was sustained because the goods were removed without proper accounting and without duty payment, but the penalty under Section 11AC was reduced as duty had been paid before the show cause notice. Confiscation of excess processed and grey fabrics was upheld under Rule 25, yet the redemption fine and company penalty were reduced for excessiveness on the facts, and the personal penalty on the company officer was set aside for lack of supporting material. en-us Tue, 22 Jun 2004 00:00:00 +0530 Sat, 09 Oct 2010 10:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53028 Unaccounted removal and storage of excisable goods attract duty demand, penalty, and confiscation when statutory records do not reflect receipt or clearance and the lapse indicates evasion. The duty demand was sustained because the goods were removed without proper accounting and without duty payment, but the penalty under Section 11AC was reduced as duty had been paid before the show cause notice. Confiscation of excess processed and grey fabrics was upheld under Rule 25, yet the redemption fine and company penalty were reduced for excessiveness on the facts, and the personal penalty on the company officer was set aside for lack of supporting material. Case-Laws Central Excise Tue, 22 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53028