Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Tribunal Rules in Favor of Applicant, Waives Duty & Penalty for Textile Fabrics</h1> The Tribunal granted the application for waiver of duty and penalty under Section 11AC of the Act for synthetic textile fabrics. The fabrics were disputed ... Stay/Dispensation of pre-deposit - Fabrics The judgment is about an application for waiver of deposit of duty and penalty under Section 11AC of the Act. The duty and penalty were imposed on synthetic textile fabrics classifiable under Heading 59.29 till 16-3-1995 and under Heading 59.11 thereafter. The applicant argued that the fabrics were not processed after weaving and should be classified under Chapter 54. The departmental representative argued that the fabrics were used for technical purposes and the extended period was rightly invoked. The Tribunal found it difficult to believe that the applicant was unaware of the predominant use of the fabrics and waived the deposit of duty and penalty, staying their recovery.