2005 (1) TMI 572 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Mumbai granted waiver of pre-deposit amount of duty and penalty for the appellants manufacturing transformers for the Department of Atomic Energy. The Adjudicating Authority denied exemption, but the Commissioner (Appeals) ruled in favor of the appellants. The waiver of duty demand and penalty was granted, and recovery stayed pending appeal disposal.