2002 (1) TMI 89 - HC - Central Excise

Summary

The High Court of Delhi set aside an order by the Customs, Excise and Gold (Control) Appellate Tribunal directing a petitioner to deposit Rs. 5 crores towards duty and penalty. The Court found that the Tribunal failed to consider the petitioner's financial capacity based on documented losses, leading to a violation of natural justice. The matter was remitted back to the Tribunal for fresh consideration.