CEGAT Tribunal Overturns Customs Duty, Penalty Order for Modvat Credit Violation

The Appellate Tribunal CEGAT, Mumbai allowed the appeal, overturning the Commissioner of Customs, Nhava Sheva's order demanding duty and penalty from the appellant for purportedly availing Modvat credit on exported goods in violation of Notification 203/92. The Tribunal found insufficient evidence to substantiate the accusations and annulled the contested order.

---

---

The Appellate Tribunal CEGAT, Mumbai allowed the appeal against the Commissioner of Customs, Nhava Sheva's order demanding duty and imposing a penalty on the appellant for allegedly availing Modvat credit on exported goods, contravening Notification 203/92. The Tribunal noted a lack of material to support the allegations and set aside the impugned order.

---