https://www.taxtmi.com/caselaws?id=120301 The Appellate Tribunal CESTAT, Ahmedabad, addressed waiver requests for pre-deposit of customs and excise duty, penalties, and allegations of diversion of raw materials by Marvel Fashions. The tribunal found a prima facie case against Marvel Fashions but waived penalties for recipient 100% EOUs due to lack of evidence. Cosmos Trading Co. had penalties waived as well, citing insufficient evidence. Marvel Fashions was directed to make a partial pre-deposit, with remaining duties and penalties waived upon compliance. Recovery was stayed pending appeals for all parties involved. en-us Mon, 16 Oct 2006 00:00:00 +0530 Wed, 18 Jul 2012 12:53:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120301 The Appellate Tribunal CESTAT, Ahmedabad, addressed waiver requests for pre-deposit of customs and excise duty, penalties, and allegations of diversion of raw materials by Marvel Fashions. The tribunal found a prima facie case against Marvel Fashions but waived penalties for recipient 100% EOUs due to lack of evidence. Cosmos Trading Co. had penalties waived as well, citing insufficient evidence. Marvel Fashions was directed to make a partial pre-deposit, with remaining duties and penalties waived upon compliance. Recovery was stayed pending appeals for all parties involved. Case-Laws Central Excise Mon, 16 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120301