2003 (12) TMI 479 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Bangalore allowed stay applications for waiver of pre-deposit of duty amounting to Rs. 34.14 lakhs and equivalent penalty under Section 11AC of the Act. The Tribunal found that the demand was reduced to Rs. 4,36,955/- in the original order, but the Commissioner demanded Rs. 34.14 lakhs in re-adjudication, which was against the principles of natural justice. The stay applications were allowed in favor of the party.