Waiver of duty granted for LCD import lacking PPCB component. Stay petition allowed. The Appellate Tribunal CESTAT, New Delhi allowed the applicant's waiver of pre-deposit of duty amounting to Rs. 28,99,857. The Tribunal considered that ...
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Waiver of duty granted for LCD import lacking PPCB component. Stay petition allowed.
The Appellate Tribunal CESTAT, New Delhi allowed the applicant's waiver of pre-deposit of duty amounting to Rs. 28,99,857. The Tribunal considered that the goods imported did not contain Populated Printed Circuit Board (PPCB) but had a hybrid circuit integral to the Liquid Crystal Display Panel (LCD). Therefore, the remaining duty amount was waived for the appeal hearing. Stay petition was allowed.
The Appellate Tribunal CESTAT, New Delhi allowed the applicant's waiver of pre-deposit of duty amounting to Rs. 28,99,857. The applicant had already deposited 50% of the duty. The Tribunal considered that the goods imported did not contain Populated Printed Circuit Board (PPCB) but had a hybrid circuit integral to the Liquid Crystal Display Panel (LCD). Therefore, the remaining duty amount was waived for the appeal hearing. Stay petition was allowed.
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