2005 (3) TMI 511 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Chennai granted waiver of pre-deposit of duty for M/s. Granite Industrial Corporation Ltd. amounting to Rs. 58,597. The exemption for Polished Granite slabs was reinstated through an amendment in Notification No. 26/2002 dated 27-4-2002, allowing for nil rate of duty for goods cleared between 1-4-2002 to 26-4-2002. The Tribunal ruled in favor of the appellants, granting waiver of pre-deposit and staying the recovery of the entire amount during the appeal process.