1999 (2) TMI 254 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai considered applications for waiver of duty amounting to Rs. 21,63,703 imposed by the adjudicating authority. The appellants are engaged in manufacturing "loader" machines and claimed exemption under Notification No. 162/86. The tribunal directed the appellant to deposit Rs. 10 lakhs within 2 months for waiver of duty and penalty. Compliance was required by 26-3-1999.