2002 (5) TMI 785 - AT - Central Excise

Summary

The appeal was against the rejection of a request for waiver of interest on warehoused goods. The order was non-speaking and not passed by the competent authority. The power to waive interest lies with the Chief Commissioner, who must pass a speaking order after hearing the appellants. The impugned order was set aside, and the matter was remanded to the Chief Commissioner for a proper order. The appeal was allowed by way of remand.