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2006 (8) TMI 80

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..... 3561 & 3563/04 - Final Order Nos. A/1387-1389/2006-WZB/C-IV/(SMB)MU - Dated:- 11-8-2006 - [Order]. - Appeal No. E/3563/2004 - Heard both sides. Shri Anand Nainawati, learned CA appearing on behalf of the appellants states that the issue relates to manufactured goods found in the store room and packing room on 26-8-95 which were not reflected in the RG-1 Register. He states that the goods were ve .....

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..... r in the RG-1 Register. The penalty of Rs. 3,98,521/- imposed for non-accounting of the stock in RG-1 Register is reduced to Rs. 20,000/- The appeal is thus partly allowed. Appeal No. E/3561/04 3.Heard both sides. By the impugned order, the appellants have been denied credit of Rs. 53,248.15 on the ground that the goods were received under documents which were not directly consigned to them .....

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..... ants had filed copy of B/E. No. 4043 dtd.11-2-98 (Rotation No. 396 dtd. 11-2-98, line No.26). It is also alleged that the appellants had declared the input as HOE S 4293 where as the description in B/Entry is HOE S 4291. Shri Anand Nainavati, learned CA appearing for the appellants states that the raw material in question was directly imported by the appellants and the raw material HOE S 4291 and .....

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