Waiver of pre-deposit granted by CESTAT Bangalore based on duty amount & penalty, in line with High Court judgment.

The Appellate Tribunal CESTAT, Bangalore granted waiver of pre-deposit of unquantified interest based on pre-deposit of duty amount and penalty before show cause notice. The decision was in line with Karnataka High Court's judgment in a similar case. Stay application allowed, matter linked with similar appeals for hearing on 24-5-2005.

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The Appellate Tribunal CESTAT, Bangalore granted waiver of pre-deposit of unquantified interest based on pre-deposit of duty amount and penalty before show cause notice. The decision was in line with Karnataka High Court's judgment in CCE v. Sri Krishna Pipe Industries. Stay application allowed, matter linked with similar appeals for hearing on 24-5-2005.

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