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<h1>Appellate Tribunal exempts Winsome Yarns from Central Excise duty on exports under Notification No. 8/96</h1> The Appellate Tribunal CEGAT ruled in favor of the appellant, M/s. Winsome Yarns Ltd., exempting them from paying Central Excise duty on goods cleared to ... Stay/Dispensation of pre-deposit The Appellate Tribunal CEGAT, New Delhi heard the case of M/s. Winsome Yarns Ltd. regarding waiver of pre-deposit of Central Excise duty amounting to Rs. 2,63,950. The Tribunal ruled in favor of the appellant, stating that a 100% Export Oriented Unit is exempt from paying duty on goods cleared to the Domestic Tariff Area under Notification No. 8/96. The Tribunal waived the pre-deposit requirement and stayed the recovery of the duty during the appeal process.
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