CESTAT grants stay on Central Excise duty recovery for Eveready Industries pending appeal

The Appellate Tribunal CESTAT, New Delhi granted a stay on the recovery of Central Excise duty and penalty for M/s. Eveready Industries India Ltd. pending appeal due to a prima facie case presented by the Applicants. The case is set for regular hearing on 14-1-2005.

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The Appellate Tribunal CESTAT, New Delhi heard a case by M/s. Eveready Industries India Ltd. regarding waiver of pre-deposit of Central Excise duty and penalty for not paying duty on waste and scrap of carbon electrodes. The Tribunal stayed the recovery of the duty and penalty during the appeal process, considering the prima facie case made by the Applicants. The case is scheduled for regular hearing on 14-1-2005.

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