2000 (12) TMI 575 - AT - Central Excise

Summary

The appellate tribunal waived a deposit of duty of Rs. 3.24 lakhs for an applicant regarding the valuation of laminated sheets. The tribunal found that the failure to appeal the earlier order enhancing the value affected the validity of the demand. There was a debate on the validity of the appeal filed before the Commissioner (Appeals) due to a technical defect in the signing of the appeal form. The tribunal decided that a deposit of Rs. 1 lakh would be proper, and upon receipt, waived the remaining duty amount and stayed its recovery. Compliance was required by February 6, 2001.