Supreme Court Grants Waiver on Pre-Deposit for Excise Duty on Jute Carpets, Overruling Tribunal's Interpretation of Rule 3.

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....Excise duty on Jute Carpets - Waiver of pre deposit - Decision of Apex court in favor of assessee - order of Tribunal is surprising where tribunal wen on to distinguish the judgment both on question of facts as well as interpretation of Rule 3... - HC....