1993 (12) TMI 151 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bombay directed the applicants to deposit duty and penalty amounts for manufacturing machine rollers from duty paid rollers. The Tribunal allowed a personal bond in lieu of payment, citing prima facie views on tariff classification and availability of Modvat credit. Failure to comply within specified timelines would result in dismissal of the appeal. The plant and machinery ordered for confiscation were not to be disposed of, and normal production processes were to continue. (Case citation: 1993 (12) TMI 151 - CEGAT, BOMBAY)