https://www.taxtmi.com/caselaws?id=97924 The Appellate Tribunal CEGAT, New Delhi, granted M/s. Indian Oil Corporation Limited's waiver of pre-deposit of Central Excise duty and penalties amounting to Rs. 26,52,878.00. The Tribunal accepted the appellant's arguments that they were not the actual fabricators of the storage tanks, emphasizing that the tanks became part of immovable property and did not qualify as "goods." The Tribunal found merit in the appellant's contentions regarding the manufacturing process and ownership, leading to the grant of the waiver and staying the recovery during the appeal process. en-us Tue, 19 Jun 2001 00:00:00 +0530 Wed, 18 Jan 2012 15:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97924 The Appellate Tribunal CEGAT, New Delhi, granted M/s. Indian Oil Corporation Limited's waiver of pre-deposit of Central Excise duty and penalties amounting to Rs. 26,52,878.00. The Tribunal accepted the appellant's arguments that they were not the actual fabricators of the storage tanks, emphasizing that the tanks became part of immovable property and did not qualify as "goods." The Tribunal found merit in the appellant's contentions regarding the manufacturing process and ownership, leading to the grant of the waiver and staying the recovery during the appeal process. Case-Laws Central Excise Tue, 19 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97924