https://www.taxtmi.com/caselaws?id=86184 Modvat eligibility for LSHS and furnace oil used in DG sets to generate electricity for factory use was treated as only prima facie arguable under Rule 57A, and the facts were distinguished from cases of direct fuel use in manufacture. In the stay proceedings, the Tribunal balanced the arguable nature of the claim, financial hardship, and the Revenue's interest, and declined full waiver of pre-deposit. Partial relief was granted instead, with the appellants directed to deposit Rs. 50 lakhs and recovery of the balance stayed on compliance. en-us Thu, 14 Nov 1996 00:00:00 +0530 Wed, 10 Aug 2011 16:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86184 Modvat eligibility for LSHS and furnace oil used in DG sets to generate electricity for factory use was treated as only prima facie arguable under Rule 57A, and the facts were distinguished from cases of direct fuel use in manufacture. In the stay proceedings, the Tribunal balanced the arguable nature of the claim, financial hardship, and the Revenue's interest, and declined full waiver of pre-deposit. Partial relief was granted instead, with the appellants directed to deposit Rs. 50 lakhs and recovery of the balance stayed on compliance. Case-Laws Central Excise Thu, 14 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86184