2002 (7) TMI 738 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata confirmed a demand of duty of Rs. 1,10,166 against the appellants for clandestine removal of Battery Plates. The demand was based on entries in a diary and statements of company personnel admitting to clearing goods without payment of duties. The appellants failed to provide evidence to refute the clandestine activities, leading to confirmation of the duty demand. The penalty amount was reduced to Rs. 50,000, but the appeal was otherwise rejected.