1999 (3) TMI 240 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai ordered the applicant to deposit Rs. 4 lakhs within two months for duty and penalty waiver. The duty was demanded for misdeclaration of a product 'Glyoxal 40%' as 'Glyoxal 20%'. The argument that 'Glyoxal' was used as raw material does not exempt it from duty. The claim pending before the BIFR was not substantiated.