2001 (3) TMI 424 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the applicant, a manufacturer of electric storage batteries, allowing them to avail the benefits of Rule 57F(4) for charging batteries before sale. The Tribunal found that charged batteries are distinct from uncharged ones, supporting the applicant's case. The Tribunal waived the duty of Rs. 1.23 crores and penalty of Rs. 20.02 lakhs, staying their recovery.