2002 (10) TMI 432 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi considered an application by M/s. Marut Nandan Overseas Ltd. for waiver of penalty amounting to Rs. 2 lakhs imposed by the Commissioner of Customs. The Commissioner confiscated furnace oil as hazardous waste, but testing reports indicated otherwise. The Tribunal granted waiver of penalty based on the test report by M/s. AES Testing and Research Laboratories, staying the recovery of the penalty amount during the appeal process. The case was scheduled for regular hearing on 12th November, 2002.