2012 (11) TMI 483 - AT - Central Excise

Recovery of redemption fine - application for modification of stay order - Held that - The Tribunal is empowered to waive the deposit of duty demanded and penalty levied. As there is no requirement for deposit of redemption fine for hearing the appeal before the Tribunal, therefore, the question of waiver of redemption fine for hearing the appeal does not arise. No merit in this application and the same is dismissed.

Summary

The applicants sought modification of a stay order to waive a redemption fine, which was dismissed as the Tribunal cannot waive redemption fines. The Tribunal can waive duty and penalty deposits for appeals under Sec.35F of the Central Excise Act. The application for modification was dismissed.