2010 (11) TMI 53 - HC - Central Excise

Waiver the requirement of pre-deposit of duty and interest - dispute relates to classification of the product - Held that we direct that the appeal of the petitioner be heard subject to deposit of 50% of the amount of duty and interest which is subject matter of the appeal before the Tribunal - petition is accordingly disposed of.

Summary

The Punjab and Haryana High Court judgment in 2010 (11) TMI 53 addressed a dispute over the classification of a product as cotton waste or polyester waste. The Central Excise and Service Tax Appellate Tribunal declined to waive the pre-deposit requirement for duty and interest but waived the penalty. The Court directed the petitioner to deposit 50% of the duty and interest within two months for the appeal to be heard.