2012 (6) TMI 337

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..... licant filed this application for waiver of pre-deposit of duty of Rs.52,472/-, interest and penalty. 3. The applicant is engaged in the manufacture of plastic ropes. Certain quantities of goods were cleared on payment of duty from the factory to the consignment agent on 'stock transfer' basis. With effect from 07.07.2009, rate of duty for the clearance of goods was increased from 4% to 8%. Deman .....

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..... e Central Excise Rules, 2002, rate of duty of excisable goods shall be the rate or value in force when such goods are removed from a factory. In the present case as the goods were removed prior to 7.7.2009 therefore, prima facie we find that the applicant has a strong case for waiver. Therefore, pre-deposit of duty, interest and penalty is waived and recovery of the same is stayed during the pende .....

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