2006 (6) TMI 234 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Kolkata waived the penalty amount as Rs. 83,000 out of Rs. 83,511 duty had already been deposited. The appellant cleared waste material to a sister unit with no intention of duty evasion. The duty liability on enhanced value was accepted, but the penalty was waived. The balance duty amount was directed to be deposited within two weeks. The appeal was allowed in these terms.