1999 (2) TMI 120 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai considered an application for stay of deposit of Rs. 6,21,582/- duty demanded by a small scale industry manufacturing excisable goods. The issue was whether Explanation VII to Notification 1/93 applied since the cloth was not manufactured in the factory. The Tribunal found the applicant's case weak on merits but directed a deposit of Rs. 2.5 lakhs within two months, with waiver of the remaining duty demanded upon payment. Compliance was required by 22-4-1999.