1998 (10) TMI 244 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai overturned the Collector's decision to demand duty from M/s. Climax Synthetics P. Ltd. for clearing plastic sheets without payment of duty. The Tribunal allowed adjustment of Modvat credit against the duty demanded, leading to no penalty imposed on the appellant for abetting the offense. The order confiscating the goods and imposing penalty on the appellant was set aside.