2001 (6) TMI 354 - Central Excise

Extract:
.......ncontroverted and regarding seizure of 68 pcs. from the godown premises of M/s. Maharaja Appliances, it has been contended by the applicants that these pieces were lying with them from the earlier supplies. Accordingly, we waive the requirement of entire amount of duty and penalty and stay the recovery of the same during the pendency of the appeal.