2001 (5) TMI 417 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the rectification of mistake application by M/s. Dura Cell (India) Pvt. Ltd. regarding the imposition of penalty. The Tribunal reduced the penalty from Rs. 1.5 lakhs to Rs. 1 lakh, citing that penalty should be commensurate with the offense committed. The ROM application was allowed with this direction.