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<h1>Bombay High Court overrules CESTAT, remands case for review</h1> <h3>Commissioner of Central Excise, Pune II Versus M/s Magnewin Magnectics</h3> Commissioner of Central Excise, Pune II Versus M/s Magnewin Magnectics - TMI The High Court of Bombay quashed and set aside the CESTAT's order deleting penalty, restoring the matter for reconsideration. The case was referred back to CESTAT for fresh consideration in light of a Supreme Court judgment. All contentions of both parties were kept open. The appeal was disposed of with no costs.