2000 (5) TMI 133 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata reduced the penalty amount from Rs. 9,700.00 to Rs. 1,000.00 for late filing of ST-3 return by a new assessee, citing previous judgments. The penalty was reduced considering the circumstances and the fact that the appellant was new to filing the tax. The appeal was rejected except for the penalty modification.