Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2004 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (8) TMI 223 - AT - Central ExciseExtract: ....... regard to the role played by the Chairman-cum-Managing Director of the appellant company we reduce the penalty to Rs. 50,000/-. Thus the appeal by M/s. VAL and its Managing Director are partly allowed. The appeals of the suppliers of the scrap are rejected. The demand for reversal of Modvat credit taken to the tune of Rs. 24,83,793/- is confirmed.
|