2007 (5) TMI 515 - AT - Central Excise

Summary

The applicant filed for waiver of penalty of Rs. 5 lakhs. The demand was confirmed on M/s. L. Kant Paper Mills Ltd. for processing fabric without paying duty. The applicant, a Commission Agent, was not involved in the evasion of Central Excise duty. Records recovered from the applicant's premises showed clearance of goods without duty, but no evidence of his involvement. Pre-deposit of penalty waived, stay petition allowed.