https://www.taxtmi.com/caselaws?id=91796 Conflicting Tribunal views on whether Modvat credit could be denied for want of a Rule 57G declaration supported a prima facie case for interim relief. On that basis, the assessee was treated as entitled to consideration of credit at the pre-deposit stage, since the claimed credit could reduce the duty liability. The objection that there had been deliberate contravention, and the reliance on the extended period, were not accepted as sufficient to deny stay at that stage. Partial waiver of duty and penalty was granted, with a direction to deposit the balance amount. en-us Tue, 04 May 1999 00:00:00 +0530 Fri, 21 Oct 2011 10:39:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91796 Conflicting Tribunal views on whether Modvat credit could be denied for want of a Rule 57G declaration supported a prima facie case for interim relief. On that basis, the assessee was treated as entitled to consideration of credit at the pre-deposit stage, since the claimed credit could reduce the duty liability. The objection that there had been deliberate contravention, and the reliance on the extended period, were not accepted as sufficient to deny stay at that stage. Partial waiver of duty and penalty was granted, with a direction to deposit the balance amount. Case-Laws Central Excise Tue, 04 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91796