CESTAT grants exemption and stay, rules in favor of appellant on limitation issue. No duty evasion found.

The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant, granting exemption from pre-deposit and a stay of recovery of the demand. The appellant's argument on the issue of limitation was deemed strong, and the Tribunal concluded there was no intention to evade duty. The case was scheduled for a hearing on 3-5-2004.

---

---

The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant, granting exemption from pre-deposit and a stay of recovery of the demand. The appellant made a strong case on the issue of limitation, and the Tribunal found no intention to evade duty. The case was posted for hearing on 3-5-2004.

---