2009 (11) TMI 805 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT NEW DELHI rejected the appeal filed by the Department regarding a penalty of Rs. 1,000 imposed for late filing of financial information statement. The Commissioner (Appeals) had set aside the penalty, cautioning the assessee to be careful in the future. The Tribunal observed that the appeal should not have been filed as the penalty had been set aside. The cross-objection in support of the Commissioner (Appeals) was also disposed of.