https://www.taxtmi.com/caselaws?id=89922 Pre-deposit relief under Section 35F of the Central Excise Act was considered in relation to a Modvat credit dispute on cylinders and vacuum pumps claimed as capital goods under Rule 57Q of the Central Excise Rules. The eligibility issue was found arguable on both sides, but the absence of any claim of financial hardship weighed against complete waiver. Partial dispensation was therefore granted: full waiver of pre-deposit was declined, a deposit of Rs. 2.5 lakhs was directed, and on that deposit the balance duty demand was waived and recovery stayed during the appeal. en-us Mon, 16 Nov 1998 00:00:00 +0530 Fri, 30 Sep 2011 15:35:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89922 Pre-deposit relief under Section 35F of the Central Excise Act was considered in relation to a Modvat credit dispute on cylinders and vacuum pumps claimed as capital goods under Rule 57Q of the Central Excise Rules. The eligibility issue was found arguable on both sides, but the absence of any claim of financial hardship weighed against complete waiver. Partial dispensation was therefore granted: full waiver of pre-deposit was declined, a deposit of Rs. 2.5 lakhs was directed, and on that deposit the balance duty demand was waived and recovery stayed during the appeal. Case-Laws Central Excise Mon, 16 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89922