CEGAT Appellate Tribunal in Mumbai rules for Appellant on credit demand for phosphoric acid consignment.

The Appellate Tribunal CEGAT, Mumbai ruled in favor of the Appellant, represented by Shri S.V. Khaire, in a case involving a demand for taking credit on a consignment of phosphoric acid. The Tribunal considered the non-compliance with trade notice provisions as a minor procedural issue, waiving the duty deposit and staying its recovery.

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The Appellate Tribunal CEGAT, Mumbai ruled in favor of the Appellant, represented by Shri S.V. Khaire, in a case involving a demand of Rs. 6,02,636 for taking credit on a consignment of phosphoric acid sold in instalments. The Tribunal acknowledged the technical non-compliance with trade notice provisions but deemed it a minor procedural issue, waiving the duty deposit and staying its recovery.

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