https://www.taxtmi.com/caselaws?id=53743 Confiscation of stock and goods in transit, and the related penalty, were unjustified where a small-scale manufacturer's clearances remained below the exemption threshold and no duty evasion was alleged or established. Clearance without a proper invoice did not, on these facts, support confiscation or penalty in the absence of revenue evasion. The manufacturer nevertheless remained required to maintain basic production accounts under the applicable trade notice, and non-compliance with that record-keeping requirement could attract proceedings under the relevant rules. Consequential relief followed from setting aside confiscation and penalty. en-us Thu, 23 Dec 2004 00:00:00 +0530 Fri, 15 Oct 2010 10:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53743 Confiscation of stock and goods in transit, and the related penalty, were unjustified where a small-scale manufacturer's clearances remained below the exemption threshold and no duty evasion was alleged or established. Clearance without a proper invoice did not, on these facts, support confiscation or penalty in the absence of revenue evasion. The manufacturer nevertheless remained required to maintain basic production accounts under the applicable trade notice, and non-compliance with that record-keeping requirement could attract proceedings under the relevant rules. Consequential relief followed from setting aside confiscation and penalty. Case-Laws Central Excise Thu, 23 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53743