1997 (12) TMI 311 - AT - Central Excise

Summary

The applicants filed a stay application for waiver of duty and penalty. Appellants argued conversion of copper rods into wires does not amount to manufacture. Respondent argued conversion results in a new commodity. Tribunal directed payment of Rs. 10,000 towards duty and Rs. 1 lakh penalty by 30-1-1998 to stay recovery proceedings. Compliance to be reported on 9-2-1998. (Case Citation: 1997 (12) TMI 311 - CEGAT, NEW DELHI)