Waiver of pre-deposit granted by CESTAT due to strong case on Exim Policy wastage The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of duty and penalty to the applicants due to a strong case regarding wastage shown ...
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Waiver of pre-deposit granted by CESTAT due to strong case on Exim Policy wastage
The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of duty and penalty to the applicants due to a strong case regarding wastage shown in the Exim Policy. The demand was confirmed because of excess wastage shown, but since the applicants availed the benefit of Notification 17/2001-Cus. without any waste percentage condition, the pre-deposit was waived. The case was adjourned for further arguments to 18-9-2003.
The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of duty and penalty to the applicants as they had a strong case regarding wastage shown in the Exim Policy. The demand was confirmed due to excess wastage shown, but since the applicants availed the benefit of Notification 17/2001-Cus. without any waste percentage condition, the pre-deposit was waived. Adjourned for further arguments to 18-9-2003.
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