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<h1>Tribunal reverses premature penalty for synthetic resin manufacturing appellants, case remanded for reassessment</h1> The Tribunal set aside the premature penalty of Rs. 25,000 imposed on the appellants for manufacturing synthetic resin, remanding the case for finalizing ... Penalty premature if assessment not finalised The appellants manufactured synthetic resin for captive consumption and on behalf of M/s. Assam Veneer Co. The classification and assessment of the goods are pending. A penalty of Rs. 25,000 was imposed prematurely under Rule 173-Q of the Central Excise Rules, 1944. The Tribunal set aside the penalty and remanded the case for finalizing assessment before imposing any penalty.