2002 (2) TMI 491 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bangalore allowed a stay application for waiver of pre-deposit of penalty of Rs. 18,00,000 under Rule 173Q and penalty of Rs. 2,33,406 under Rule 571(4) of the Central Excise Act, 1944. The Tribunal found a strong prima facie case in favor of the party and granted the stay as requested.