CESTAT deletes penalty which was imposed for denial of area based exemption

Sanjeev Jindal Vs Commissioner, Customs & Central Excise (CESTAT Delhi) The finding recorded in the order is that exemption under a notification that granted area based exemption was wrongly obtained by the Company and its Directors. It is for this reason that apart from denying the exemption claimed by the Company, penalty was also imposed upon the Directors. Learned counsel for the appellant has placed the decision of the Tribunal dated September 27, 2016 by which ten appeals were allowed. The contention of the Department that a Company was not entitled to claim area based exemption was ...