https://www.taxtmi.com/caselaws?id=53745 The Appellate Tribunal CESTAT, New Delhi upheld the decision of the Commissioner (Appeals) to set aside the confiscation of unaccounted alloy steel flats and rounds, reducing the penalty imposed on the manufacturer from Rs. 40,000 to Rs. 2000. The Tribunal found no evidence of intent for clandestine removal, emphasizing that non-accountal in the RG-1 register alone does not justify confiscation without proof of duty evasion. The case outcome was in favor of the manufacturer, with the Revenue's appeal being rejected based on the lack of sufficient evidence supporting the confiscation. en-us Wed, 22 Dec 2004 00:00:00 +0530 Fri, 15 Oct 2010 10:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53745 The Appellate Tribunal CESTAT, New Delhi upheld the decision of the Commissioner (Appeals) to set aside the confiscation of unaccounted alloy steel flats and rounds, reducing the penalty imposed on the manufacturer from Rs. 40,000 to Rs. 2000. The Tribunal found no evidence of intent for clandestine removal, emphasizing that non-accountal in the RG-1 register alone does not justify confiscation without proof of duty evasion. The case outcome was in favor of the manufacturer, with the Revenue's appeal being rejected based on the lack of sufficient evidence supporting the confiscation. Case-Laws Central Excise Wed, 22 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53745