2000 (5) TMI 765 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Kolkata involved a dispute over the classification of plate shearings for duty purposes. The appellants claimed it as waste and scrap, while the Revenue argued it was flat roll products. The Commissioner imposed a penalty for alleged intentional evasion, but the Tribunal ruled in favor of the appellants, citing approval of classification lists and RT-12 returns as evidence. The Tribunal set aside the demand as barred by limitation, following a Supreme Court decision.