2015 (12) TMI 1634 - AT - Central Excise

Waiver of pre-deposit - Whether the value of brought out items be included in the assessable value of the cooling towers assembled at site - We find that on similar issue involving the same assesse we have directed to deposit seven half percent of the confirmed duty. Accordingly the applicant is directed to deposit seven and half percent of Rs. 1, 33, 68, 404/- within a period of eight weeks and on deposit of the said amount balance dues adjudged would stand waived and its recovery stayed during the pendency of the appeal.

Summary

The Appellate Tribunal CESTAT Kolkata directed the appellant to deposit seven and a half percent of Rs. 1.33 Crores within eight weeks to waive the balance dues and stay recovery during the appeal process. Compliance to be reported by February 11, 2016.