1998 (10) TMI 228 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi granted a stay application filed by the applicants for waiver of pre-deposit of duty amounting to Rs. 33,62,180/- and stay of recovery proceedings. The issue involved whether vehicles cleared as Taxis by the appellants are eligible for exemption under Notification No. 162/86. The Tribunal had already decided in favor of the appellants in a previous order. The Department argued that the goods cleared were Cabs, not Taxis, but the Tribunal found a strong prima facie case in favor of the assessee and granted the stay unconditionally. The party was allowed to file an application for early hearing.