1999 (3) TMI 259 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Mumbai involved a case of waiver of duty deposit and penalties on M/s. S.G. International and T.N. Mulani. The duty demanded was Rs. 71,68,799, penalty of Rs. 1.40 crores on M/s. S.G. International, and penalty of Rs. 72 lakhs on T.N. Mulani. The tribunal ordered the deposit of entire duty demanded and Rs. 35 lakhs towards penalty within two months, waiving the deposit of the remaining penalties on each applicant. Compliance was required by 25-3-1999.