2004 (11) TMI 410 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Chennai confirmed a duty demand of Rs. 2,44,413 on polished granite slabs for the period February 2002 to December 2002, imposing a penalty of Rs. 10,000. The appellant argued for waiver of pre-deposit and stay of recovery based on Notification No. 8/97-C.E., dated 1-3-97. The Tribunal found a strong prima facie case and granted the waiver and stay of recovery for the mentioned amounts.