2001 (11) TMI 474 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata heard a case where duty amount of Rs. 1,83,15,279 was confirmed against the appellants for clearing a by-product without payment. The appellants argued that Rule 57CC only applies to final products like iron and steel, not the by-product. The Revenue argued that Rule 57CC applies to any product cleared at nil rate, and the goods in question were final products. Despite not being satisfied with the case's merits, the Tribunal dispensed with the pre-deposit condition due to the appellant's poor financial condition as a sick unit. The main appeal was scheduled for December 18, 2001.