https://www.taxtmi.com/caselaws?id=113701 The Appellate Tribunal CESTAT, New Delhi, in the case of M/s. Punj Steel Machine Tools Pvt. Ltd., granted a waiver of pre-deposit of Central Excise duty and penalty amounting to Rs. 20,15,000/- each. The Tribunal found merit in the appellant's case due to the abatement of duty allowed by the Dy. Commissioner, leading to the stay of recovery of the duty amount and penalty during the appeal process. This decision highlights the significance of establishing a strong prima facie case for obtaining a waiver of pre-deposit in tax matters. en-us Mon, 29 Sep 2003 00:00:00 +0530 Mon, 07 May 2012 17:49:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113701 The Appellate Tribunal CESTAT, New Delhi, in the case of M/s. Punj Steel Machine Tools Pvt. Ltd., granted a waiver of pre-deposit of Central Excise duty and penalty amounting to Rs. 20,15,000/- each. The Tribunal found merit in the appellant's case due to the abatement of duty allowed by the Dy. Commissioner, leading to the stay of recovery of the duty amount and penalty during the appeal process. This decision highlights the significance of establishing a strong prima facie case for obtaining a waiver of pre-deposit in tax matters. Case-Laws Central Excise Mon, 29 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113701