Hisar Metal Industries provides update on order from Central Excise Commission

With reference to relief Order-in-Appeal dated 04 January 2017

Hisar Metal Industries has received relief Order-in-Appeal dated 04 January 2017 from the Office of the Commissioner of Central Excise Appeals - II, Delhi against the Orders-in-Original passed by the Addl. Commissioner, Central Excise Commissionerate, Rohtak in which the Addl. Commissioner has:

1. Confirmed demand of short paid Central Excise duty amounting to Rs. 6,90,022/- along with interest as applicable.

2. Imposed redemption fine of Rs. 36,00,000/-.

3. Imposed the penalty of Rs. 36,46,276/-.

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