2003 (7) TMI 350 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai upheld the penalty on M/s. Deco Ceramics Industries for clandestine removal of excisable goods. The Commissioner (Appeals) had set aside the penalty, but the Tribunal ruled that penalty under Section 11AC of the Central Excise Act was applicable. The respondents were directed to pay a penalty of Rs. 10,000.