Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2009 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2009 (7) TMI 799 - CESTAT, NEW DELHIWaiver of the deposit - penalty - undervaluation of the product manufactured - authority imposed duty liability - Held that: - there was total absence on the part of the applicants in giving any explanation in relation to data - the same was retrieved from the lap top which was seized from the premises of the applicants - stay order in relation to the recovery of interest on the duty amount till the disposal of the appeals - no case for waiver of duty - penalty is sought to be levied not only under Section 11AC, but also under Rule 25 of the said Rules - interest and penalty stands waived till the disposal of the appeals
|