2012 (7) TMI 677

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... present appeal is to redemption fine of Rs.50,000/- and penalty of Rs.50,000/- imposed upon the appellant.   2. After hearing both sides, duly represented by Shri Vikrant Kackria, learned Advocate appearing for the appellant and Ms. Renu Jagdev, learned AR for the revenue, I find that the appellants are engaged in the manufacture of MS bars, angles and channels etc. On a surprise visit to th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t Steel & Wire Weld Inds. Ltd. vs. CCE, Raipur [2007 (207) ELT 125 (Tri-Del)]. It stand held in the above decisions that when the raw materials are not modvatable and no credit entries were made, confiscation of the same with Redemption fine and imposition of penalty was not in accordance with the law.   4. By following the law, I set aside the confiscation of the seized ingots as also impos .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X