2002 (3) TMI 773 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the appeal of the Managing Director of M/s PEC Eng. (P) Ltd. and M/s PEC Boilers (P) Ltd., setting aside the penalty imposed on him. The Tribunal remanded the matter to the Commissioner (Appeals) to consider all three appeals together, stating that penalty is linked to the main party's offense, and if the two units succeed in their appeal, there is no basis for imposing a penalty on the Managing Director.