Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2012 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (8) TMI 828 - AT - Central ExciseWaiver of pre deposit - Notification No. 67/95 - Clearance of molasses - Held that:- The Commissioner has categorically held that the appellants have exercised the option under Rule 6(3A) of the CENVAT Credit Rules. It is the case of the appellant that the credit attributable to the exempted products is only Rs. 1,78,261/- which has been reversed periodically at the end of every month. We prima facie agree with the views of the learned advocate that in view of the option having been exercised under Rule 6(3A) of the CENVAT Credit Rules, 2004, the appellant should be extended the benefit of the Notification No. 67/95. Therefore, we hold that the appellants have made out a strong case for waiver of the dues as per the impugned order - Stay granted.
|