2005 (4) TMI 381 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai ruled in favor of the appellant, setting aside a penalty of Rs. 1,00,000 imposed for purchasing goods without Central Excise duty cover under Rule 209A. The appellant claimed no knowledge of the duty status as goods were bought in the open market through brokers. The penalty was deemed unjustified and the appeal was allowed.