2003 (2) TMI 309

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..... . Mishra, SDR, for the Respondent. [Order per : C.N.B. Nair, Member (T)]. The present appeal relates to confiscation of raw materials and goods under process, on the ground that they were not accounted in the books and the assessee had kept them out of the accounts with intention to use them for manufacturing finished products for clandestine removal without payment of Central Excise du .....

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..... Cheque and the purchase is entered in the cash book. It is the appellant s explanation that if intention to evade payment of duty was there, goods would not have been entered in the cash book either. 3. We have perused the records and have considered the submissions made by both sides. We find merit in the submissions of the appellant. The goods had not become finished items liable to Central E .....

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