2003 (7) TMI 632 - AT - Central Excise

Summary

The applicant requested waiver of pre-deposit of duty of Rs. 49,99,886. Duty confirmed due to inadmissible input credit for explosives used outside the factory. Applicant cited a Supreme Court decision, but rules changed in 2000. Tribunal directed deposit of Rs. 20 lakhs by 15-9-03, with remaining duty waived during appeal.