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<h1>Appellate Tribunal Upholds Penalty for Exceeding Exemption Limit</h1> The Appellate Tribunal CEGAT upheld the penalty of Rs. 500 imposed on M/s. Lallco (India) Pvt. Ltd. for exceeding the exemption limit without applying for ... Penalty for non registration - S.S.I. Exemption The Appellate Tribunal CEGAT in New Delhi considered whether the penalty of Rs. 500 imposed on M/s. Lallco (India) Pvt. Ltd. was justified. The company exceeded the exemption limit but did not apply for a central excise license, leading to the rejection of their appeal.
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