2014 (2) TMI 825 - AT - Central Excise

Waiver of demand for pre-deposit of interest confirmed under Section 11AB of the Central Excise Act, 1944 - Held that - in the light of the decisions in the case of Eicher Demm vs. CCE-(2001 (9) TMI 192 - CEGAT, COURT NO. I, NEW DELHI) and W.S. Industries vs. CCCE- (2001 (12) TMI 112 - CEGAT, BANGALORE), the applicant has made out a case for 100% waiver of pre-deposit. Accordingly, I grant waiver of the requirement of pre-deposit of interest and stay recovery thereof during the pendency of the appeal - Stay granted.

Summary

The applicant sought waiver of demand for pre-deposit of interest under Section 11AB of the Central Excise Act, 1944. The Tribunal granted 100% waiver of pre-deposit of interest and stayed recovery during the appeal based on relevant case laws cited by the applicant.