2001 (10) TMI 608 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai in the case of M/s. La Cure Pharmaceuticals Ltd. confirmed duty of Rs. 70,61,816.29 and penalties on the assessee and the Managing Director. The applications sought waiver of pre-deposit of duty and penalties, which was granted due to the claim that Modvat credit was not reversed properly and the Commissioner's failure to examine this claim.