2004 (7) TMI 516 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi heard a case where applicants sought waiver of pre-deposit of duty and penalty. The demand was confirmed as the applicants were not covered by a specific notification regarding excise duty payment on inputs. The tribunal directed the applicants to deposit Rs. 3 lakh within 8 weeks to waive the remaining amount of duty and penalty, with non-compliance leading to dismissal of the appeal. Compliance to be reported on 20-9-2004.