https://www.taxtmi.com/caselaws?id=83404 Open-market purchase of aluminium scrap was treated as giving rise to a prima facie presumption that the inputs were duty paid for purposes of interim relief in a deemed Modvat credit dispute. The Revenue had not displaced that presumption at the stage of stay, and earlier Tribunal orders in comparable market-scrap matters were followed. On that basis, waiver of pre-deposit of duty and penalty was granted and recovery was stayed pending the appeals. en-us Thu, 28 Jul 1994 00:00:00 +0530 Mon, 01 Aug 2022 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83404 Open-market purchase of aluminium scrap was treated as giving rise to a prima facie presumption that the inputs were duty paid for purposes of interim relief in a deemed Modvat credit dispute. The Revenue had not displaced that presumption at the stage of stay, and earlier Tribunal orders in comparable market-scrap matters were followed. On that basis, waiver of pre-deposit of duty and penalty was granted and recovery was stayed pending the appeals. Case-Laws Central Excise Thu, 28 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83404