1997 (11) TMI 208 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi considered a stay application seeking waiver of pre-deposit of Rs. 1,78,200/- and penalty of Rs. 17,000. The appellants were alleged to have clandestinely manufactured and removed various iron and steel goods. The Tribunal directed the deposit of Rs. 50,000 towards duty within 8 weeks, with the balance of duty and penalty waived pending appeal. Compliance was to be reported on 28th January 1998.