1994 (7) TMI 171 - AT - Central Excise

Summary

The Tribunal rejected the application for waiver of duty and penalty, directing the applicants to deposit the duty amount within 8 weeks. Non-compliance will result in dismissal of the appeal. The Modvat Scheme was found applicable despite the final product being held non-excisable. Financial hardship was not considered a ground for waiver. The applicants' request for payment through RG 23 Part II was granted.