2002 (1) TMI 755 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT in New Delhi involved M/s. Birla Corporation Ltd. seeking stay of interest under Section 11AA amounting to Rs. 9,71,880/-. The Tribunal allowed the Miscellaneous Application, confining the matter to stay of interest only. The Tribunal waived the predeposit of interest as Section 35F of the Central Excise Act, 1944 does not specifically mention interest as part of duty or penalty. The appeal was scheduled for regular hearing on 4th March, 2002.