https://www.taxtmi.com/caselaws?id=53855 Confiscation of finished goods was unjustified where the goods remained physically within the factory, the department had been informed that they were stored outside the bonded store room, and there was no allegation of clandestine removal or disposal without duty payment. The only lapse was non-entry in the RG-1 daily production register, which amounted at most to a failure to maintain daily accounts and not to non-accountal of goods. On those facts, confiscation and penalty could not be sustained and were set aside. en-us Tue, 08 Feb 2005 00:00:00 +0530 Fri, 15 Oct 2010 15:45:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53855 Confiscation of finished goods was unjustified where the goods remained physically within the factory, the department had been informed that they were stored outside the bonded store room, and there was no allegation of clandestine removal or disposal without duty payment. The only lapse was non-entry in the RG-1 daily production register, which amounted at most to a failure to maintain daily accounts and not to non-accountal of goods. On those facts, confiscation and penalty could not be sustained and were set aside. Case-Laws Central Excise Tue, 08 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53855