2002 (7) TMI 171 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bangalore ruled on the imposition of penalty of Rs 2,60,000 under Rule 173Q of the Central Excise Rules. The appellant, a manufacturer of Bulk Drugs and Bulk Intermediates, challenged the penalty, arguing lack of intention to evade duty. The Tribunal, considering previous decisions, found no justification for the penalty and allowed the appeal.