2002 (3) TMI 678

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..... , Member (T)]. The appellants had stored duty paid goods received from outside in their licensed premises. Show case notice was issued alleging contravention of Rule 51A of the Central Excise Rules and levy of penalty under Rule 210 of the said rules. Before the Assistant Collector the Tribunal decision in the case of Auto Lee Industries was cited. It was also claimed that the Modvat rules a .....

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..... ose manufactured by an assessee was permitted. In the judgment in the case of TOYO [1993 (68) E.L.T. 866], the Tribunal was not dealing with the issue directly, but held that both the manufactured goods and traded goods could be kept inside the factory, provided that proper accounting was made (Para 23). 4. The Board s mind is reflected in Trade Notice No. 99/92 dt. 23-12-92 [1993 (63) E.L.T. T3 .....

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