2005 (6) TMI 453 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai rejected the appellant's refund of Rs. 1,02,536 and upheld a demand of Rs. 1,84,996 with a penalty of Rs. 40,000 under Section 35F of the Central Excise Act, 1944. The issue was regarding the levy of Additional Duties of Excise on Embroidered Fabrics under the Compounded Levy Scheme. The demands were not upheld based on the law laid down by the Supreme Court in the case of Venus Castings. Full waiver and stay were ordered, and both sides can apply for out-of-turn hearing.