2001 (7) TMI 802 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ordered the appellant to pay a duty of Rs. 20.77 lakhs, with penalties imposed. The dispute arose from the assessable value of stranded wire not including certain recovered amounts. A deposit of Rs. 6 lakhs was deemed appropriate, with the remaining amounts of duty, penalties, and fine stayed upon compliance by August 27, 2001.