2011 (2) TMI 32 - AT - Central Excise

Demand reversed - payment made as sufficient for the purpose of compliance with the statutory requirement of Section 35F of the Central Excise Act, 1944 and waive pre-deposit of the balance amounts as per Final Order - Law amended retrospectively by the Finance Act, 2010 order set aside and remit the case for fresh decision

Summary

The Appellate Tribunal CESTAT, Chennai allowed the appeal by remanding the case for fresh decision to the adjudicating authority due to retrospective changes in the law. The payment made was accepted as sufficient, and predeposit of the balance amounts was waived pending the appeal.