1999 (12) TMI 361 - AT - Central Excise

Summary

The judgment by the Appellate Tribunal CEGAT, Mumbai involved a waiver application for deposit of duty and penalty amounting to Rs. 67.57 lakhs. The dispute arose from the classification of products Binol 35, 40, and 51 under tariff headings. The tribunal found merit in the applicant's case regarding classification and limitation issues. The tribunal noted that the test reports of the products were questioned, and retesting was not granted. The tribunal ruled in favor of the applicant, waiving the deposit of duty and penalty.