2007 (3) TMI 624 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Kolkata, in the case represented by Shri B.N. Chattopadhyay for the Appellant and Shri A. Hore for the Respondent, set aside the penalty imposed due to the appellant's unawareness of the funding agency's status for availing exemption. The interest liability was not challenged. The appeal was allowed by setting aside the penalty.