2002 (12) TMI 485 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai upheld the duty payable on inputs cleared as such, following Rule 57AB(1)(b) of the Central Excise Rules, 1944. The duty demanded was Rs. 25,625/- with a penalty of Rs. 2,000/-. The appeal was dismissed as the lower authorities correctly applied the rule, and the penalty was reduced to Rs. 2,000/-.