2004 (5) TMI 477 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi heard a case where an applicant sought waiver of duty and penalty. The benefit of Modvat credit was denied as credit was taken on a non-triplicate copy of Bill of Entry. The applicant did not have the triplicate copy. The Tribunal directed the applicant to deposit Rs. 15,000 within three weeks, with the remaining duty and penalty waived upon compliance. Adjourned to 13th July 2004 for further proceedings.