2006 (4) TMI 436

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..... Shri S.L. Meena, SDR, for the Respondent. [Order]. -  Heard both sides and perused the records. 2. Facts leading to the passing of the impugned order may be noted. The appellant is a manufacturer of iron and steel products that are excisable. Central Excise authorities visited the appellants' unit on 24-5-96 and did a stock verification. Stock of finished goods was found to....

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....he excess stock and imposed a redemption fine of Rs. 10,000/- and penalty of Rs.5,000/-. Confiscation has been made under Rule 173Q of Central Excise Rules, 1944 read with Rule 226 of the same rules. 3. The contention of the appellant in the present appeal is that there was actually no excess stock and the finding of excess is the result of quantity of billets being counted incorrectly. Th....