2000 (8) TMI 468 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi heard the case of M/s. Winsome Yarns Ltd. regarding waiver of pre-deposit of Central Excise duty amounting to Rs. 2,63,950. The Tribunal ruled in favor of the appellant, stating that a 100% Export Oriented Unit is exempt from paying duty on goods cleared to the Domestic Tariff Area under Notification No. 8/96. The Tribunal waived the pre-deposit requirement and stayed the recovery of the duty during the appeal process.