2005 (12) TMI 390 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, Chennai ruled in favor of the 100% EOU engaged in manufacturing "granite tiles" that got damaged in transit and were taken back to the factory. Duty demand of Rs. 4,62,946/- was waived based on Notification No. 24/2003-CE granting exemption from duty for goods not cleared to DTA. The benefit of the Notification was deemed available to the appellants, leading to waiver of pre-deposit and stay of recovery for duty and penalty amounts.