1998 (12) TMI 143 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi confirmed a duty demand of Rs. 1,61,049.60 on waste and scrap obtained by breaking up a barge under CET sub-heading 7215.00. A penalty of Rs. 15,000 was imposed. The tribunal considered breaking of barge as a manufacturing process and directed the appellants to deposit Rs. 75,000 towards duty, waiving the pre-deposit requirement for the balance duty and penalty. Failure to comply would result in vacation of stay and appeal rejection. Compliance to be reported by 26-2-1999.