2016 (6) TMI 1054

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.... manufacturing plastic house hold articles and were availing SSI exemption. During search proceedings conducted by department on 12-05-2015, it emerged that the appellants are not maintaining any registers with regard to account of raw material and finished goods, that they manufacture goods bearing common brand name without obtaining Central Excise registration. On reasonable belief that they have rendered themselves ineligible for SSI exemption, department seized unaccounted raw materials valued at Rs. 0.81 crores and finished goods valued at Rs. 1.8 crores under Panchnama dated 15-12-2015. Aggrieved by the seizure, appellants filed a writ petition before the Hon'ble High Court at Hyderabad, for the State of Telangana & State of Andhra Pr....

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.... 25 % of Bond amount, which is precisely what the Commissioner has done. 4. We have given consideration to the submissions made before us. 5. At the time of hearing the learned counsel submitted that the appellants have filed another Writ Petition No. 13498/2016 before the Hon'ble jurisdictional High Court, challenging the conditions imposed for provisional release. The learned counsel submitted that the writ happened to be filed because the Division Bench was not available before the Tribunal during the material time. He undertook to withdraw the writ petition, since the Division Bench of the Tribunal has been constituted and has taken up the matter. 6. Reverting back to the issue before us, we find that the Commissioner has issue....