2000 (8) TMI 412 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, CALCUTTA involved an application to dispense with pre-deposit of duty and penalty amounting to Rs. 73,625. The appellant, engaged in manufacturing PVC Suction Pipe, argued that they were exempted up to a clearance of Rs. 50 lac but were not maintaining private records under Central Excise law. The Tribunal found a lapse in record-keeping by the appellant but allowed the stay petition unconditionally as there was no evidence to support the conclusion that their total clearances exceeded Rs. 50 lac.