CESTAT grants waiver of pre-deposit for duty & penalty on increased MRP of rechargeable batteries. Stay on recovery. The Appellate Tribunal CESTAT, New Delhi granted the Applicants' request for waiver of pre-deposit of duty and penalty. The Tribunal acknowledged the ...
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CESTAT grants waiver of pre-deposit for duty & penalty on increased MRP of rechargeable batteries. Stay on recovery.
The Appellate Tribunal CESTAT, New Delhi granted the Applicants' request for waiver of pre-deposit of duty and penalty. The Tribunal acknowledged the strength of the Applicants' case regarding the increase in MRP of rechargeable batteries by their customers and stayed the recovery during the appeal process. The case was adjourned for further arguments to December 13, 2004.
The Appellate Tribunal CESTAT, New Delhi heard a case where Applicants sought waiver of pre-deposit of duty and penalty. The Applicants argued they were not responsible for the increase in MRP of rechargeable batteries by their customers. The Tribunal found the Applicants had a strong case and waived the pre-deposit of duty and penalty, staying the recovery during the appeal process. Adjourned for further arguments to December 13, 2004.
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