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Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2004 (9) TMI AT This

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2004 (9) TMI 419 - AT - Central Excise

The appeal before Appellate Tribunal CESTAT, New Delhi involved a penalty imposed on the appellants for not accounting for excisable goods sold for cash payments. The penalty of Rs. 1 lakh was reduced to Rs. 10,000 as it was deemed exorbitant, with no loss of revenue involved. The appeal was disposed of with this modification in the penalty.

 

 

 

 

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