2002 (3) TMI 637 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi heard an application for exempting pre-deposit of duty and penalty demanded from an appellant. The appellant was found manufacturing goods under different names, leading to a demand of Rs. 4,18,790/- duty and Rs. 2,73,000/- penalty. The appellant claimed financial difficulties but was directed to deposit Rs. 2 lakhs towards duty and Rs. 1 lakh towards penalty within six weeks. Compliance was to be reviewed on 30th April, 2002.