1994 (2) TMI 192 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bombay granted stay and waiver of penalties in cases related to alleged evasion of duty of man-made fabrics. The penalties imposed by the Collector of Central Excise, Surat were waived based on a Delhi High Court judgment in the case of Pioneer Silk Mills. Penalties of Rs. 1.00 lac on M/s. Arvind Silk Mills, Rs. 75,000/- on Shri Mukeshbhai A. Vakharia, and Rs. 5,000/- each on S/Shri Nikhilkumar Chauvan, Arvindbhai Kathiwala, and Bharatkumar Solanki were waived.