1995 (1) TMI 164 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Bombay ruled that the applicants must deposit Rs. 2,97,239 towards duty for their appeal to be heard on merits. The applicants claimed a 15% discount under a notification, but the Collector only allowed deduction of basic excise duty, not special excise duty. The Tribunal found the demand raised to be time-barred and granted stay and waiver of duty recovery.