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Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2000 (11) TMI AT This

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2000 (11) TMI 377 - AT - Central Excise

The Appellate Tribunal CEGAT, New Delhi heard a case involving duty evasion through clandestine removal of bulk drugs. A penalty of Rs. 11,81,120/- was imposed on the manufacturer and Rs. 5 lakhs on the Managing Director. The penalty under Section 11AC was waived for the manufacturer due to financial hardship, but the Managing Director had to make a pre-deposit of Rs. 50,000/-. Compliance was ordered by 19-1-2001.

 

 

 

 

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