2002 (8) TMI 498 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT in New Delhi heard an appeal regarding the confiscation of unaccounted goods in a factory. The Commissioner (Appeals) had set aside the confiscation, but the Tribunal restored it based on a Bombay High Court decision. The redemption fine was upheld, but the penalty was reduced to Rs. 7,000. The appeal was disposed of accordingly.