2000 (10) TMI 243 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai confirmed a duty of Rs. 75.66 lakhs, which has been deposited. Penalties under section 11AC and Rule 209A were imposed but waived for various reasons, including classification of goods as parts of illuminated signs and entitlement to Modvat credit. The Tribunal also found a prima facie case on limitation and agreed to an early hearing based on the claim of being singled out for duty payment. Appeal scheduled for hearing on 11th December, 2000.