1999 (3) TMI 261 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal filed by M/s. Engineers Combine, New Delhi, stating that penalty cannot be imposed under Rule 173Q when duty paid is available as Modvat credit to the customer. The decision was based on previous rulings and the issue being revenue neutral. The appeal was allowed on the limited issue of penalty.