2002 (1) TMI 427 - AT - Customs

Summary

The applicants sought waiver of pre-deposit of duty amounting to Rs. 2,96,888.00 and penalty of Rs. 20,000.00 for import of electrical steel sheets under Notification No. 20/99-Cus. The Tribunal found no basis for recovery of customs duty for waste and scrap generated during manufacture of electrical transformers. Rule 8 of Customs Rules 1996 was deemed inapplicable as imported goods were used for intended purpose. Impugned orders were set aside, and appeals allowed.