2004 (5) TMI 478 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi confirmed duty of Rs. 84,451/- and penalty of Rs. 5,000/- against the appellants for denying Modvat credit without proof of loss of duplicate copy. The appellants must make a pre-deposit of Rs. 20,000/- within six weeks to stay the recovery of balance duty and penalty during the appeal. Failure to comply may result in dismissal of the appeal under Section 35F of the Act. Compliance to be reported on 20-7-2004.