2003 (10) TMI 564 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai confirmed duty of Rs. 3,13,313.30 against the appellant for the period 17-4-1996 to 21-5-1996 as they opted for normal duty rate at the start of the financial year 1996 and could not avail concessional rates thereafter. The appeal was rejected as the proviso of Notification No. 1/93 applied, preventing a reversion to concessional rates in the same financial year.