1999 (1) TMI 74 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT in New Delhi ruled that the respondents were not eligible for proforma credit of countervailing duty on imported tape recorders in CKD condition. The duty was paid under Tariff Item 68, while duty on finished goods was paid under Tariff Item 37AA, making them ineligible for the credit. The Tribunal overruled the preliminary objection and decided the case on merits, ultimately allowing the appeal of the Revenue.