2006 (2) TMI 573 - AT - Customs

Summary

The Appellate Tribunal CESTAT, New Delhi allowed the applicant's waiver of pre-deposit of duty amounting to Rs. 28,99,857. The applicant had already deposited 50% of the duty. The Tribunal considered that the goods imported did not contain Populated Printed Circuit Board (PPCB) but had a hybrid circuit integral to the Liquid Crystal Display Panel (LCD). Therefore, the remaining duty amount was waived for the appeal hearing. Stay petition was allowed.