1995 (12) TMI 155 - AT - Central Excise

Summary

The appeal was filed by watch manufacturers regarding the alleged theft of 4274 wrist watches. The manufacturers failed to inform the department promptly as required by Rule 147 of Central Excise Rules. The department issued a show cause notice for non-payment of duty, which was upheld by the Assistant Collector and the Collector (Appeals). The Appellate Tribunal rejected the appeal, stating that the manufacturers did not provide sufficient evidence of the theft and failed to comply with the rules for claiming remission of duty. The appeal was dismissed.