2000 (1) TMI 466 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Calcutta ruled in favor of the appellant, setting aside the penalty imposed on them for a mistake made by the manufacturer in availing Modvat credit. The Tribunal found the penalty unjustified as the dealer had properly recorded the transaction and issued valid invoices. The appeal was allowed with consequential relief to the appellant.