1999 (9) TMI 262 - AT - Central Excise

Summary

The judgment is about a waiver application for deposit and penalty under Section 11AC of the Act for a product classification dispute. The applicant claimed the product as fungicide, while the department disagreed. The tribunal directed the applicant to deposit Rs. 3 lakhs and waived the remaining amount due to past unchallenged classification. Compliance was required by 23-9-1999.