1998 (6) TMI 224 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi upheld a duty demand of Rs. 15,385/- on shortage of CRGO steel sheets and disallowed Modvat credit of Rs. 94,000/- for using damaged inputs not utilized in final products. A penalty of Rs. 5,000/- was imposed. The appellants' explanations were not accepted, and the appeal was rejected.