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M/s Abu Cement Ltd., Shri Sunil Kedia, Director Versus CCE, Indore

Clandestine removal - excess stock of finished goods - confiscation - redemption fine - penalty - Held that - the authorities below have recorded the statement of the Director, the appellant No. 2 herein, stating that he has accepted that the excess found stock was kept in the factory premises, with an intention to remove the same clandestinely, without payment of Central Excise duty. However, on verification of the statement recorded from Shri Sunil Kedia on 1.8.2009, I find that no such statem....... + More



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