CESTAT Chennai: Pre-deposit waived for duty & penalty appeal related to DEPB benefit under Customs Act

The Appellate Tribunal CESTAT, Chennai waived the pre-deposit of duty and penalty pending appeal amounting to Rs. 13,35,365 related to DEPB benefit under the Customs Act due to lack of evidence of duty evasion. The appeal was set for hearing on 14-9-2010.

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The Appellate Tribunal CESTAT, Chennai heard an application for waiver of pre-deposit of duty of Rs. 13,35,365 related to DEPB benefit under the Customs Act. The tribunal found no evidence of duty evasion and waived the predeposit of duty and penalty pending appeal. The appeal was scheduled for hearing on 14-9-2010.

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