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2016 (3) TMI 1187 - CESTAT NEW DELHIClandestine removal - The Department detected that the appellant had not properly accounted for the manufactured goods in the Daily Stock Account i.e. RG-I register. It is also observed that there is shortage/ excess of finished goods and raw material as compared to the accounts maintained by the appellant - Held that: - the appellant has not furnished any justifiable reason to negate the case of Revenue that the goods were not clandestinely removed from the factory without payment of Central Excise duty. Further, the appellant has also not furnished any valid reason for non maintenance of its statutory records properly. Thus, the duty demand confirmed by the authorities below and imposition of penalty are in conformity with the statutory provisions. Imposition of redemption file of ₹ 20,000/- on the seized goods valued at ₹ 62,581/- is in the higher side, which can be reduced in the interest of justice. Thus, the redemption file is reduced from ₹ 20,000/- to ₹ 5,000/-. Appeal allowed - decided partly in favor of appellant.
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