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2007 (3) TMI 40

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..... - Final Order No. A/501/2007-WZB/C-IV/(SMB) - Dated:- 13-3-2007 - [Order per] - Though hearing of stay application is fixed today, I proceed to decide the appeal itself with consent of both sides inasmuch as a very small issue involved. 2. The assessee (appellants) are engaged in the manufacture of PVC Gasket Frames falling under CSH No. 8418.90 for which PVC Gasket and Ferrite Magnets are .....

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..... of the Central Excise Rules, 2001 and observing the same the Department has confirmed the duty demand of Rs. 1,26,843/- (Rupees One lakh Twenty Six Thousand Eight Hundred Forty Three only) and an appropriate rate of interest on confirmed amount of duty and imposed equal amount of penalty. 4. Admittedly the appellant had availed the credit of duty, originally paid on the goods cleared from the .....

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