2004 (11) TMI 457 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai overturned the Commissioner's order confirming duty demand and penalty against the appellant for denying exemption under notification no. 175/86-CX. The Tribunal found that the appellant's total clearance value was below the exemption limit of 30 lakhs as they were only manufacturing one item, micro cellular rubber sheets. The Tribunal held that the exemption is available up to 30 lakhs in such cases, not just 15 lakhs as interpreted by the Commissioner. The impugned order was set aside.