2003 (11) TMI 420 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Bangalore granted stay on penalty waiver applications filed by the applicants for pre-deposit of Rs. 5,00,000/- and Rs. 25,000/- respectively. The Tribunal considered that since the duty amount was deposited before the show cause notice, the penalty imposition was not justified. The stay applications were allowed.