2002 (11) TMI 191 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi, in 2002 (11) TMI 191, disposed of appeals against an Order-in-Appeal reducing penalty to Rs. 71,368. The assessee contested duty demand calculation, citing the need to consider sales realizations as cum-duty prices. The Revenue's appeals were rejected, and the assessee's appeal was remanded for reevaluation of duty demand, Modvat credit adjustment, and penalty amount.