1995 (2) TMI 237 - AT - Central Excise

Summary

The application was for waiver of pre-deposit of duty of Rs. 81,000/- and penalty of Rs. 25,000/- demanded from the applicant, a manufacturer of air-conditioners. The Collector's order confirmed the demand for duty and penalty due to shortages of raw materials, but the Tribunal found that the evidence was insufficient to conclude that the goods were manufactured without payment of duty. The Tribunal ordered the waiver of pre-deposit of duty and penalty, and granted a stay on recovery of these amounts. The appeal will be listed for hearing later.