2000 (11) TMI 352 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi granted waiver of pre-deposit of duty amounting to Rs. 53,092/- and penalty of Rs. 5,000/- in a case where Modvat credit on capital goods was denied due to delayed filing of declaration. The applicants' request for condonation of delay was supported by circulars from the Board, leading to the waiver. The appeal hearing was scheduled for 8-1-2001.