2001 (12) TMI 477 - AT - Central Excise

Summary

The appellate tribunal upheld duty demand and penalty on clandestine clearance from EOU to DTA. The tribunal directed a pre-deposit of Rs. 5 lakhs towards duty, with the balance and penalty waived if paid within eight weeks. Failure to comply would result in vacation of stay and appeal rejection. Compliance to be reported by 7-2-2002.