Conditional waiver granted by Mumbai Appellate Tribunal for duty deposit due to discrepancy in input material declaration The Appellate Tribunal CEGAT, Mumbai granted conditional waiver of pre-deposit of duty in a case where the appellant sought exemption due to a discrepancy ...
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Conditional waiver granted by Mumbai Appellate Tribunal for duty deposit due to discrepancy in input material declaration
The Appellate Tribunal CEGAT, Mumbai granted conditional waiver of pre-deposit of duty in a case where the appellant sought exemption due to a discrepancy in declaration of input material. The tribunal accepted the appellant's argument that the materials were the same based on manufacturer's letter and allowed waiver of Rs. 1.31 lakhs duty deposit, with a requirement to keep Rs. 40,000 unutilized in the account pending appeal. Compliance was mandated by May 29, 1998.
The Appellate Tribunal CEGAT, Mumbai heard a case where the appellant sought waiver of pre-deposit of duty of Rs. 1.31 lakhs as the input Chimasorb 944 LD was not declared in Modvat. The appellant argued that Tinuvin in the declaration is the same as Chimasorb based on a manufacturer's letter. The tribunal waived the deposit conditionally, requiring Rs. 40,000 to be kept unutilized in the account pending appeal. Compliance was ordered by May 29, 1998.
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