2007 (11) TMI 474 - AT - Customs

Summary

The Appellate Tribunal CESTAT, Mumbai set aside penalties imposed on the respondents in Final Order Nos. 94-99/WZB/2006/C-I. The Tribunal allowed refund of pre-deposit of penalties with interest, which the Revenue objected to, stating there is no provision for interest on such refunds. The Tribunal dismissed the Revenue's objection, stating that the Rectification of Mistake (ROM) application is not maintainable in this case.