2003 (10) TMI 358 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai heard a stay application regarding the levy of interest and penalty under Rule 49A(1)(b). The duty has been paid, but since the appellants did not have permission under Rule 49A, the interest, fine, and penalty are not justified. Pre-deposit requirements under Section 35F are waived, and recovery is stayed. The case will be listed for final hearing with appeal Nos. E/4024 and E/4025.