https://www.taxtmi.com/caselaws?id=89304 The Tribunal granted a stay application filed by LML Limited, waiving the pre-deposit of duty amounting to approximately Rs. 30 lakhs and a penalty of Rs. 20 lakhs imposed by the Commissioner of Central Excise, Kanpur-I. The Tribunal found in favor of the applicants, citing legal tenability and Supreme Court rulings to support their arguments. The Tribunal acknowledged the concession made by the learned SDR, agreeing that the legal position favored the applicants. Consequently, the Tribunal decided to waive the pre-deposit of duty and penalty, allowing the applicants to seek a refund based on re-assessment orders. en-us Thu, 03 Sep 1998 00:00:00 +0530 Mon, 26 Sep 2011 11:18:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89304 The Tribunal granted a stay application filed by LML Limited, waiving the pre-deposit of duty amounting to approximately Rs. 30 lakhs and a penalty of Rs. 20 lakhs imposed by the Commissioner of Central Excise, Kanpur-I. The Tribunal found in favor of the applicants, citing legal tenability and Supreme Court rulings to support their arguments. The Tribunal acknowledged the concession made by the learned SDR, agreeing that the legal position favored the applicants. Consequently, the Tribunal decided to waive the pre-deposit of duty and penalty, allowing the applicants to seek a refund based on re-assessment orders. Case-Laws Central Excise Thu, 03 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89304