2001 (8) TMI 960 - AT - Central Excise

Summary

The appellate tribunal in New Delhi dismissed the appeal due to non-appearance of the appellants. The matter involved unaccounted goods, clandestine removal, and illegal Modvat credit. The appellants were denied small scale exemption. The tribunal upheld the adjudicating authority's decision and dismissed the appeal, stating that the penalty amount did not warrant interference.