1992 (4) TMI 163 - AT - Central Excise

Summary

The Appellate Tribunal directed the applicant to deposit Rs. 3,09,611.49/- towards duty and Rs. 30,000/- towards penalty for hearing the appeal. The Collector (Appeals) set aside the proceedings due to lack of jurisdiction, leading to the Addl. Collector being required to issue a fresh show cause notice. The applicants were directed to furnish a personal bond covering the duty amount within 4 weeks, with stay and waiver of penalty upon compliance. Failure to comply within 5 weeks would result in rejection of the appeal.