1998 (1) TMI 219 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi, allowed the appeal filed by a manufacturer of hair oil and soaps regarding the confirmation of Central Excise duty demand. The Tribunal set aside the penalty imposed by the Assistant Collector and remanded the case for redetermination of assessable value and duty element calculation based on the price realized for two consignments of hair oil. The appellant had cleared the consignments without paying duty, mistakenly assuming exemption eligibility.