2003 (5) TMI 448 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai considered an application for waiver of deposit of duty and penalty. The applicant claimed exemption for goods sold to Crompton Greaves Ltd. The Tribunal found that the goods did not bear the brand name of the company. A deposit of Rs. 4 lakhs was deemed appropriate, with a deadline for the applicant to comply. Failure to do so would result in dismissal of the appeal.