2001 (10) TMI 865 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai waived the pre-deposit of duty and penalty imposed on the appellant. The case involved availing modvat facility while importing goods duty-free under the Value Based Advance Licensing Scheme. The Tribunal set aside the impugned order and remanded the case for a fresh decision by the Commissioner. The appeal was allowed by remand.