https://www.taxtmi.com/caselaws?id=121193 The Appellate Tribunal CESTAT, Mumbai, upheld the duty liability admission by the appellants but waived the pre-deposit of duty amounting to Rs. 35,44,638 due to the persuasive offer to withdraw rebate claim. However, penalties equal to the duty amount were imposed for submitting a false duty payment certificate. The tribunal directed a pre-deposit of Rs. 5 lakhs towards penalty within eight weeks, failing which the stay on recovery would be lifted, and appeals dismissed. Compliance with the tribunal's directions, including withdrawing the rebate claim, was mandated to avoid adverse consequences. en-us Fri, 02 Mar 2007 00:00:00 +0530 Fri, 27 Jul 2012 13:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121193 The Appellate Tribunal CESTAT, Mumbai, upheld the duty liability admission by the appellants but waived the pre-deposit of duty amounting to Rs. 35,44,638 due to the persuasive offer to withdraw rebate claim. However, penalties equal to the duty amount were imposed for submitting a false duty payment certificate. The tribunal directed a pre-deposit of Rs. 5 lakhs towards penalty within eight weeks, failing which the stay on recovery would be lifted, and appeals dismissed. Compliance with the tribunal's directions, including withdrawing the rebate claim, was mandated to avoid adverse consequences. Case-Laws Central Excise Fri, 02 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121193