2002 (1) TMI 826 - AT - Customs

Summary

The judgment is about an application for waiver of pre-deposit of Rs. 17,44,818.23 and penalty of Rs. 35 lakhs by a 100% EOU manufacturing readymade garments. The jurisdictional officers found that the waste generated during manufacturing was higher than norms, leading to a demand for duty and penalty. The Tribunal granted waiver and stay as there was no specific link between the norms and the benefit of the notification.