https://www.taxtmi.com/caselaws?id=105839 Classification of disputed products as cosmetics or ayurvedic medicaments was treated as a highly debatable issue requiring full hearing, and insistence on pre-deposit was not warranted. The demand was also found prima facie vulnerable on limitation because the assessees held a bona fide belief based on the drug licence, the department had approved classification lists for later periods, and the department did not effectively rebut the claim that identical products of another assessee had been accepted as ayurvedic medicines. On these facts, waiver of pre-deposit and stay of recovery pending appeal were granted. en-us Fri, 07 Aug 1998 00:00:00 +0530 Sat, 10 Mar 2012 11:38:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105839 Classification of disputed products as cosmetics or ayurvedic medicaments was treated as a highly debatable issue requiring full hearing, and insistence on pre-deposit was not warranted. The demand was also found prima facie vulnerable on limitation because the assessees held a bona fide belief based on the drug licence, the department had approved classification lists for later periods, and the department did not effectively rebut the claim that identical products of another assessee had been accepted as ayurvedic medicines. On these facts, waiver of pre-deposit and stay of recovery pending appeal were granted. Case-Laws Central Excise Fri, 07 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105839