2003 (5) TMI 124 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai clarified the position after hearing both sides on the application pointing out errors in the stay order. The appellant withdrew the part of the application related to a demand for payment of Rs. 84.21 lakhs under Rule 57CC. The reason for not pressing the application for waiver of deposit of duty was clarified. The reference to the sum was made in the context of the penalty imposed on the assessee.