2004 (9) TMI 474 - AT - Customs

Summary

The judgment by the Appellate Tribunal CESTAT, Mumbai involved waiver of pre-deposit of duty and penalty in appeals C/266/2004 and C/265/2004. The duty and penalty were imposed due to alleged availing of Modvat credit by the manufacturer of export goods, contrary to Notification 203/92 conditions. The Tribunal found a prima facie case for waiver and dispensed with the pre-deposit of duties and penalties, staying recovery pending the appeals.