2017 (4) TMI 554

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....the appellants stock position of the excisable goods by the Central Excise Officers, certain discrepancies were revealed in the stock position of PVC compound of various grades. A show cause notice dated 14/16.07.1999 was issued to the appellants demanding central excise duty of Rs. 5,27,648/- alongwith interest and proposing penalty of equal amount. In the adjudication, the demand was confirmed alongwith interest and imposition of penalty of equal amount. At the appellate stage, the penalty was reduced from Rs. 5,27,648/- to Rs. 50,000/-. Being aggrieved from the said order-in-appeal dated 29.01.2002, the appellants went before the CEGAT Mumbai, who vide order dated 07.11.2002 remanded the case back to the Commissioner (Appeals). The matte....

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....330 (Tri. - Del) 5. Ld. AR appearing on behalf of the Revenue submits that the appellants have not maintained the statutory records, which were needed. The invoices for captive consumption were required; the same were not being prepared. In this regard, he referred to the finding of the adjudicating authority on page 8 and 9 of the Order-in-Original. He relied upon the following case laws: (i) NRB Bearings Ltd vs. CCE, Aurangabad - 2006 (197) ELT 543 (Tri.-Mum.) (i) Perfect Industries vs. CCE, Bangalore - 2001 (129) ELT 535 (Tri.-Bang.) (iii) Jagdamba Spinning & Wvg. Mills vs. CCE, Chandigarh - 2000 (115) ELT 353 (Tri- Del.) (iv) Majestic Auto Ltd. vs. CCE, Ghaziabad - 2004 (172) ELT 391 (Tri.-Del.) (v) Goodyear India Ltd.....