2001 (9) TMI 360 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai heard four appeals related to customs duty and penalties imposed on M/s. D.K. Polyn Industries, a 100% Export Oriented Unit (EOU). Shortages of processed yarn were found, leading to duty confirmation and penalties. The Tribunal granted waiver of pre-deposit and stayed recovery, citing that duties of excise, not customs, were applicable in this case.