2001 (1) TMI 696 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal of M/s. Punsumi India Ltd. against a penalty of Rs. 5,000 imposed by the Commissioner (Appeals) for retesting and reconditioning rejected capacitors. The Tribunal found no reason for the penalty as the company followed prescribed procedures and maintained proper records. The penalty was set aside, and the appeal was allowed. (Case citation: 2001 (1) TMI 696 - CEGAT, New Delhi)