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2017 (12) TMI 492 - AT - Central ExciseExcess stock - confiscation - whether excess aluminum scrap of 81,250 Kgs found in the factory premises of the appellant on 24.12.2012 is liable for confiscation and consequently under Rule 25(1) of the Central Excise Rules, 2002 and also penalty? - Held that: - A plain reading of Rule 25(1) of the Central Excise Rules, 2002 it is clear that the goods are liable for confiscation in the event the same are not accounted for in their books of accounts. In the present case though it is not mentioned in their Daily Stock Account (DSA) register RG-1 but the same are duly accounted for in their internal production/process register - confiscation and penalty set aside.
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