2001 (7) TMI 475 - Commission - Central Excise

Summary

The judgment by the Settlement Commission, Customs & Central Excise, N involved M/s. Prem Cables Pvt. Ltd. The company was found with excess stock and violations of Central Excise Rules. They had paid part of the duty but applied to waive penalty and interest. The Commission dismissed the application as non-maintainable due to subsequent developments and ongoing appeal at CEGAT.