https://www.taxtmi.com/caselaws?id=116237 The Tribunal granted the application for waiver of pre-deposit of duty and penalty, citing the importance of proving that discounts are passed on to customers for deductions in the assessable value of goods. Relying on legal precedents, including the judgment in Goodlass Nerolac Paints Ltd. v. UOI, the Tribunal distinguished previous decisions and found a strong prima facie case for waiver. Emphasizing the significance of evidence and legal principles, the Tribunal stayed the recovery pending appeals, underscoring the criteria for granting waivers in duty and penalty assessments. en-us Thu, 21 Apr 2005 00:00:00 +0530 Sat, 09 Jun 2012 11:44:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116237 The Tribunal granted the application for waiver of pre-deposit of duty and penalty, citing the importance of proving that discounts are passed on to customers for deductions in the assessable value of goods. Relying on legal precedents, including the judgment in Goodlass Nerolac Paints Ltd. v. UOI, the Tribunal distinguished previous decisions and found a strong prima facie case for waiver. Emphasizing the significance of evidence and legal principles, the Tribunal stayed the recovery pending appeals, underscoring the criteria for granting waivers in duty and penalty assessments. Case-Laws Central Excise Thu, 21 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116237