https://www.taxtmi.com/caselaws?id=116010 The Tribunal granted a waiver of pre-deposit of duty and penalty for M/s. Grasims Indus. Ltd. amounting to Rs. 4,75,335, as no manufacturing activity was found to warrant the levy of central excise duty on waste and scrap of iron and steel obtained during machine maintenance and repair. The recovery of the duty and penalty was stayed during the appeal process. The outcome for Shri P.K. Jain seeking a waiver of pre-deposit of a penalty amounting to Rs. 45,000 was likely influenced by the Tribunal's decision on the first issue regarding central excise duty laws. en-us Fri, 29 Apr 2005 00:00:00 +0530 Wed, 06 Jun 2012 15:12:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116010 The Tribunal granted a waiver of pre-deposit of duty and penalty for M/s. Grasims Indus. Ltd. amounting to Rs. 4,75,335, as no manufacturing activity was found to warrant the levy of central excise duty on waste and scrap of iron and steel obtained during machine maintenance and repair. The recovery of the duty and penalty was stayed during the appeal process. The outcome for Shri P.K. Jain seeking a waiver of pre-deposit of a penalty amounting to Rs. 45,000 was likely influenced by the Tribunal's decision on the first issue regarding central excise duty laws. Case-Laws Central Excise Fri, 29 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116010