Goods cannot be confiscated merely because excess stock of finished goods lying in factory

Sky Alloys & Power Pvt. Ltd. Vs Assistant Commissioner (CESTAT Delhi) FULL TEXT OF THE CESTAT DELHI ORDER The appellant M/s Sky Alloys & Power Pvt. Ltd. are engaged in manufacture of Sponge Iron, MS Ingots and Silico Manganese. Their premises were got searched on 7 November 2015 and 8 November 2015 by the team of Preventive Officers of Central Excise, Customs and Service Tax acting upon the intelligence gathered about evasion of central excise duty by the appellant by way of procurement of unaccounted raw materials, clandestine manufacture of excisable goods without accounting the sa...