https://www.taxtmi.com/caselaws?id=122344 Waiver of pre-deposit was granted where the assessee showed a strong prima facie case on the applicability of textile cess and its treatment in valuation. The stay application was supported by the contention that cess collected under the Textile Committee Act, 1963 was deductible from the assessable value under Section 4, and by a prior Tribunal view taking the same position. On that basis, interim relief against duty and penalty was allowed. en-us Thu, 12 Jul 2007 00:00:00 +0530 Mon, 13 Aug 2012 10:46:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122344 Waiver of pre-deposit was granted where the assessee showed a strong prima facie case on the applicability of textile cess and its treatment in valuation. The stay application was supported by the contention that cess collected under the Textile Committee Act, 1963 was deductible from the assessable value under Section 4, and by a prior Tribunal view taking the same position. On that basis, interim relief against duty and penalty was allowed. Case-Laws Central Excise Thu, 12 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122344