2008 (5) TMI 474 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of duty and penalties to the applicant who filed for it. The demand was confirmed due to denial of credit for capital goods used in setting up Sulphur Recovery Units. The Tribunal ruled in favor of the applicant as the capital goods were necessary for removing Sulphur from petroleum products to meet government regulations, allowing the waiver of pre-deposit. Stay petition was allowed.