2003 (4) TMI 203 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai allowed the appellant's appeal regarding the recovery demand of duty, as the requirement of separate inventory for exempted and dutiable final products had been complied with. The decision in Ballarpur Industries was cited, stating that the provisions of Rule 57CC(1) do not apply when exempted final products are not sold. The demand for duty and penalties imposed were deemed not sustainable. The appeals were allowed and the impugned order was set aside.