https://www.taxtmi.com/caselaws?id=245510 The Tribunal upheld the demand for duty, interest, and penalty against M/s. Larsen & Toubro Ltd and other applicants, amounting to significant sums. The goods were confiscated, and a substantial redemption fine was imposed. The classification of parts as automobile rather than earthmoving equipment was affirmed, invoking an extended period of limitation. However, considering the pre-deposit made by the applicants and previous case law, the Tribunal granted a waiver for the remaining dues and stayed the recovery process, allowing relief to the applicants. en-us Tue, 28 Jan 2014 00:00:00 +0530 Tue, 01 Apr 2014 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245510 The Tribunal upheld the demand for duty, interest, and penalty against M/s. Larsen & Toubro Ltd and other applicants, amounting to significant sums. The goods were confiscated, and a substantial redemption fine was imposed. The classification of parts as automobile rather than earthmoving equipment was affirmed, invoking an extended period of limitation. However, considering the pre-deposit made by the applicants and previous case law, the Tribunal granted a waiver for the remaining dues and stayed the recovery process, allowing relief to the applicants. Case-Laws Central Excise Tue, 28 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245510