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2013 (10) TMI 995 - AT - Central ExciseCENVAT credit – Waiver of Pre-deposit - The issue relates to interpretation of eligibility of cenvat credit on angles, channels, beams etc. as capital goods/inputs – Held that:- Following vandana Global Ltd. Vs. CCEx., Raipur [2010 (4) TMI 133 - CESTAT, NEW DELHI (LB)] - the Tribunal has been taking a consistant 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 applicants are able to make out a prima-facie case for total waiver of duty and penalty, pre-deposit of all dues waived and its recovery stayed during pendency of the appeal - Stay granted.
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