1997 (7) TMI 305 - AT - Central Excise

Summary

The stay application was filed regarding excess stock seized from the factory premises. The appellants manufacture Die Cast Rotor/Stator, stampings, and fan cover sets. The stock seized was claimed to be duty accounted for and not in excess. The Collector (A) upheld the seizure, but the Tribunal waived the penalty pre-deposit of Rs. 10,000 during the appeal.