1999 (5) TMI 208 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Mumbai involved waiver of duty deposit for M/s. Sovereign Printery totaling Rs. 68.98 lakhs. The applicant argued for Modvat credit availability despite not filing a Rule 57G declaration. The tribunal ordered waiver of the remaining duty and penalties upon the applicant depositing Rs. 10 lakhs within 3 months.