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2013 (10) TMI 994 - CESTAT KOLKATACENVAT Credit – inputs - Waiver of Pre-deposit of Duty and Penalty under Rule 15 (2) of CC Rules r.w Section 11AC of the CE Act - The issue relates to interpretation of eligibility of cenvat credit on angles, channels, beams etc. as capital goods/inputs and the applicability of the Larger Bench decision in the case of Vandana Global Ltd. Vs. CC Ex., Raipur [2010 (4) TMI 133 - CESTAT, NEW DELHI (LB)] – Held that:- This Tribunal has been taking a consistent view by allowing the stay petition of the assessee where extended period of limitation is involved but directed pre-deposit wherever the demand is for normal period of limitation - the entire demand is issued involving extended period of limitation and also the applicant has already deposited an amount - pre-deposit of remaining dues waived and its recovery stayed during pendency of the appeal – Stay granted.
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