1996 (9) TMI 293 - AT - Central Excise

Summary

The appellant submitted a revised price list for goods, cleared them at the lower price pending approval, and paid excise duty accordingly. The Assistant Collector demanded differential duty and imposed a penalty, which was later set aside by the Collector (Appeals) as time-barred. The Department challenged this decision, but the Tribunal confirmed the order, stating that the revised price list was approved subsequently, eliminating the need for differential duty. Penalty imposition was deemed unjustified due to the circumstances. The appeal was dismissed.