https://www.taxtmi.com/caselaws?id=107799 Exemption under Notification No. 4/97-C.E. depended on whether a trailer mounted on a customer-supplied chassis could itself be treated as a chassis for vehicles of Heading 87.16. The Tribunal took a prima facie view that a chassis is a supporting frame designed to carry something built upon it, and that a trailer ordinarily does not answer that description; explanatory notes and supplier descriptions did not by themselves establish chassis status. In the stay application, the Tribunal also considered the assessee's limited profitability and balanced revenue interests against hardship by directing a pre-deposit of Rs. 8 lakhs while waiving the balance of duty and penalty. en-us Wed, 27 Aug 2003 00:00:00 +0530 Mon, 26 Mar 2012 16:50:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107799 Exemption under Notification No. 4/97-C.E. depended on whether a trailer mounted on a customer-supplied chassis could itself be treated as a chassis for vehicles of Heading 87.16. The Tribunal took a prima facie view that a chassis is a supporting frame designed to carry something built upon it, and that a trailer ordinarily does not answer that description; explanatory notes and supplier descriptions did not by themselves establish chassis status. In the stay application, the Tribunal also considered the assessee's limited profitability and balanced revenue interests against hardship by directing a pre-deposit of Rs. 8 lakhs while waiving the balance of duty and penalty. Case-Laws Central Excise Wed, 27 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107799