2002 (9) TMI 231 - AT - Central Excise

Summary

The appeal by the Revenue against the penalty reduction from Rs. 49,357 to Rs. 12,500 was rejected by the Appellate Tribunal CEGAT, New Delhi. The penalty reduction was affirmed as the duty was paid before the show cause notice was issued, and no grounds for mandatory penalty under Rule 57-I(4) existed.