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2014 (1) TMI 163 - CESTAT AHMEDABADCenvat credit availed – No necessary documents produced - Waiver of Pre-deposit – Held that:- The appellant had availed the CENVAT Credit of the inputs lying in stock as on 13.08.2006, for which there was no proof produced to show that they had a stock of material on which credit was availed - if a person is in the activity of manufacture, he would have maintained a proper record of showing consumption of the material and output of such consumption - A prudent businessman would maintain such records and defend his claim before the authorities - In the absence of any records, Prima facie, the appellant has not made out a case in their favour – Appellant is directed to deposit Rupees One lakh as pre-deposit – Upon such submission rest of the duty to be waived till the disposal – Partial stay granted.
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