https://www.taxtmi.com/caselaws?id=108062 Rule 96ZO(3), as applicable during the relevant period, was read as permitting abatement on closure of the furnace because the rule then contained no prohibition against that benefit. On that prima facie view, the Tribunal found the duty demand to rest on an incorrect interpretation of the rule and granted dispensation of pre-deposit of duty and penalty, with recovery stayed pending disposal of the appeals. en-us Fri, 10 Oct 2003 00:00:00 +0530 Wed, 28 Mar 2012 15:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108062 Rule 96ZO(3), as applicable during the relevant period, was read as permitting abatement on closure of the furnace because the rule then contained no prohibition against that benefit. On that prima facie view, the Tribunal found the duty demand to rest on an incorrect interpretation of the rule and granted dispensation of pre-deposit of duty and penalty, with recovery stayed pending disposal of the appeals. Case-Laws Central Excise Fri, 10 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108062