2002 (10) TMI 557 - AT - Central Excise

Summary

The Central Excise Authorities found Shri H.H. Patel assembling wrist watches without paying duty. Duty of Rs. 1,11,006.08 was demanded, confirmed, and penalty imposed. The issue was whether Notification No. 8/99 and 9/99 applied. Commissioner held assembly amounted to manufacture, watches classified under heading 91.10. Revenue appealed, seeking classification under Heading 91.02. Tribunal granted stay, as watches without precious metals can be classified under Heading 91.02.