2006 (2) TMI 393 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of duty and penalty for an appeal regarding denial of credit for transmission assemblies used in manufacturing exempted tractors. The applicant argued they paid 8% of the sale price of exempted tractors, exceeding the demand. The Tribunal found the issue unresolved by the adjudicating authority and waived the pre-deposit for the appeal. Stay petition was allowed. (2006 (2) TMI 393 - CESTAT, New Delhi)