1998 (8) TMI 350 - AT - Central Excise

Summary

The judgment from the Appellate Tribunal CEGAT, Mumbai involved two appeals regarding pre-deposit amounts and penalties. The applicants were granted waiver of pre-deposit based on the argument that circular knitted fabric, an intermediate product used in manufacturing PVC Leather cloth, was exempt from duty. The Tribunal found a prima facie case for dispensing with the pre-deposit and granted a stay.