2004 (4) TMI 486 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai granted waiver of pre-deposit of penalty of Rs. 2 lakhs imposed on the applicant under Rule 209A of the Central Excise Rules, 1944. The penalty was imposed for mis-classification of goods, but the tribunal found insufficient evidence to hold the applicant liable. Pre-deposit of penalty was waived and recovery stayed pending appeal.