1998 (3) TMI 144

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....sion, after notice to the learned Additional Central Government Standing Counsel appearing for the respondents and with the consent of both the parties, the matter is taken up for final hearing. 2. The petitioner is seeking for a direction to quash the order of repondent No. 2 (CEGAT), passed on the stay application dated 18-2-1998. 3. The petitioner had been engaged in the manufacture of wa....

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....- plus penalty of Rs. 25 lakhs and a redemption fine of Rs. 30 lakhs. 4. On appeal, the petitioner had filed an application under Section 35F of the Central Excise Act and that application was rejected by the Appellate Tribunal, holding that there is no merit, and waived the penalty and fine and directed the petitioner to deposit the duty amount of Rs. 1,10,50,630/-. 5. The learned Senior Co....