1999 (5) TMI 163 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai considered applications for waiver of pre-deposit totaling Rs. 5,23,29,307/- along with penalty on the director. The appeals involved classification of pesticides and formulations under Tariff Item 29.42. The appellant argued based on a Delhi High Court judgment and a Tribunal order, while the JDR contended that further examination was needed. The Tribunal found a strong prima facie case in favor of the appellants and stayed the demands, waiving the pre-deposit amount.