1998 (11) TMI 272 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai heard two applications for waiver of deposit of Rs. 92.42 lakhs. The issue was the inclusion of interest on receivables in the assessable value of goods. The applicant provided a Chartered Accountant's certificate to support their claim. The Tribunal asked the applicant to deposit further Rs. 7 lakhs within a month and waived the deposit of the remaining amount. Compliance was required by 9-11-1998.