https://www.taxtmi.com/caselaws?id=112182 The Tribunal found in favor of the appellant regarding the classification of "return stream naphtha," supporting its classification under sub-heading 2710.14 instead of 2710.19 as determined by the Commissioner. As a result, the Tribunal waived the pre-deposit of duty and penalties demanded, as well as the pre-deposit of Modvat credit reversed pending the appeal's disposal. Penalties imposed on the appellants were also waived pending the final disposal of the appeal. The Tribunal granted an early hearing and stayed the recovery of duty, penalties, and reversed Modvat credit during the appeal process. en-us Wed, 30 Jun 2004 00:00:00 +0530 Fri, 27 Apr 2012 10:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112182 The Tribunal found in favor of the appellant regarding the classification of "return stream naphtha," supporting its classification under sub-heading 2710.14 instead of 2710.19 as determined by the Commissioner. As a result, the Tribunal waived the pre-deposit of duty and penalties demanded, as well as the pre-deposit of Modvat credit reversed pending the appeal's disposal. Penalties imposed on the appellants were also waived pending the final disposal of the appeal. The Tribunal granted an early hearing and stayed the recovery of duty, penalties, and reversed Modvat credit during the appeal process. Case-Laws Central Excise Wed, 30 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112182