Tribunal waives pre-deposit for companies citing significant prior payments

The Appellate Tribunal CESTAT, Mumbai waived the pre-deposit requirement of balance duty and penalty for two companies due to significant prior payments. For another company, the Tribunal waived pre-deposit, citing that the extended period could not be applied as any non-disclosure was attributable to the original license holder.

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The Appellate Tribunal CESTAT, Mumbai waived the requirement of pre-deposit of balance duty and penalty for M/s. Nilkamal Crates & Bins and M/s. Kemtee Imaging Pvt. Ltd. as they had already paid a significant portion of the demand. For Kemtee India Photographic Co. Pvt. Ltd., the Tribunal waived pre-deposit of duty and penalty, stating that the extended period cannot be invoked against them as any suppression was on the part of the original license holder.

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