2003 (5) TMI 384 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai considered an application for waiver of deposit of duty totaling Rs. 15.20 lakhs approximately. The dispute was regarding the classification of the product Tocofer by the Assistant Commissioner and the Commissioner (Appeals). The Tribunal found merit in the applicant's contention that the product should be classified differently based on the definition in Chapter 30. The duty deposit was waived, and the recovery stayed pending further appeal hearing on 21st May, 2003.