2001 (8) TMI 851 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai demanded duty of Rs 40,92,741/- and imposed penalties under Section 11AC of the Act. The activity of roasting, frying, salting, and packing cashew nuts was considered manufacturing. The applicant argued that the process did not create a new commodity. The Tribunal found the Bombay High Court judgment more applicable, waived deposit of duty and penalties, and scheduled a hearing for the appeal.