https://www.taxtmi.com/caselaws?id=53743 Confiscation of stock and goods in transit, and the related penalty, were treated as unwarranted where a small scale unit's clearances remained below the exemption threshold and there was no allegation or finding of duty evasion. The article notes that clearance without a proper invoice was insufficient, on these facts, to justify confiscatory action or penalty. It also states that the unit remained bound to maintain basic production accounts under the trade notice, and that non-compliance with that record-keeping requirement could still be proceeded against under the applicable rules. 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 treated as unwarranted where a small scale unit's clearances remained below the exemption threshold and there was no allegation or finding of duty evasion. The article notes that clearance without a proper invoice was insufficient, on these facts, to justify confiscatory action or penalty. It also states that the unit remained bound to maintain basic production accounts under the trade notice, and that non-compliance with that record-keeping requirement could still be proceeded against under the applicable rules. Case-Laws Central Excise Thu, 23 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53743