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2013 (1) TMI 124 - CESTAT BANGALOREWaiver of pre-deposit - Stay of recovery – Classification - SILO systems - Heading 9406 and sub-heading 9406 00 99 - Heading 8437 and sub-heading 8437 10 00 - Rule 25 of the Central Excise Rules, 2002 - Section 11 AC – Held that:- The total CENVAT credit claimed to be available to the assessee for the normal period of demand is approximately Rs.61 lakhs. If this credit is taken into account, the amount of duty for pre-deposit would work out to Rs.1.82 crores. We shall restrict the amount to Rs.1.5 crores for the present purpose. In the absence of any plea of financial hardships, direct the appellant to pre-deposit an amount of Rs.1.5 crores.
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