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2014 (1) TMI 212 - AT - Central ExciseInterpretation of eligibility of cenvat credit on capital goods/inputs - Applicability of Vandana Global Ltd. Vs. CCEx., Raipur [2010 (4) TMI 133 - CESTAT, NEW DELHI (LB) ] – Waiver of Pre-deposit - Held that:- The Tribunal has been taking a consisting view by allowing the stay petition of the assessee where extended period of limitation is involved but directed deposit where the notice is for normal period - two show-cause notices were issued for normal period of limitation - assessee has made a fair offer to deposit the entire amount of cenvat credit relating to normal period of limitation – Thus, applicant is direct to Submit Rs.2,43,357/- and Rs.1,68,434/- as pre-deposit – upon such submission rest of the duty to be stayed till the disposal – Partial stay granted.
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