1997 (12) TMI 360 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai heard a case regarding waiver of duty and penalty amounting to Rs. 22.40 lakhs and Rs. 13.50 lakhs respectively. The applicant argued that certain items should be considered as inputs for credit. The Tribunal found a distinction between rules 57A and 57Q, directing the applicant to deposit Rs. 8 lakhs within two months to waive the remaining duty and penalty. Compliance was required by 27th February 1998. (Case citation: 1997 (12) TMI 360 - CEGAT, Mumbai)