1988 (7) TMI 254 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the stay petition, dispensing with pre-deposit of duty of Rs. 20,78,601.30 and penalty of Rs. 5,00,000/- pending hearing of the appeal. The Central Excise duty on Caprolactum produced from nylon polymer waste by recycling in India was exempted. The Tribunal dispensed with pre-deposit and penalty, staying the recovery till the hearing of the main appeal scheduled for 30-8-1988.