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2014 (12) TMI 165 - GUJARAT HIGH COURTWaiver of pre deposit - CENVAT Credit - Capital goods - Use of pipeline system instead of pipes - Held that:- There are multiple questions of law which require examination in the appeals. We also notice that there are sizeable duty amounts arising out of the Tribunal’s judgment, even after deletion of penalty and denial of extended period to the Department. At the same time, we also notice that GSPL is a Government company. Therefore, at this stage the appellant-GSPL would deposit with the respondent, 50% of the duty demand arising out of the judgment of the Tribunal. Counsel far the GSPL pointed out that the respondent has not yet quantified such demand after the judgment of the Tribunal. This shall be done within a period of two weeks from the date of receipt of copy of this order. The appellant thereafter to make deposit as mentioned above within six weeks therefrom. Considering the fact that GSPL is a Government company, there shall be no further requirement of any security for remaining demand. - Decided partly in favour of assessee.
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