https://www.taxtmi.com/caselaws?id=92545 Waiver of pre-deposit and stay of recovery were granted in a Modvat credit dispute where duty had been paid on the inputs and final products. The Tribunal found that no immediate loss to revenue was shown on a prima facie basis and, on that footing, allowed interim protection during the pendency of the appeals. The disputed credit denial and penalty were therefore not required to be deposited pending final adjudication, and recovery was stayed until the appeals were decided. en-us Fri, 08 Oct 1999 00:00:00 +0530 Wed, 02 Nov 2011 13:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92545 Waiver of pre-deposit and stay of recovery were granted in a Modvat credit dispute where duty had been paid on the inputs and final products. The Tribunal found that no immediate loss to revenue was shown on a prima facie basis and, on that footing, allowed interim protection during the pendency of the appeals. The disputed credit denial and penalty were therefore not required to be deposited pending final adjudication, and recovery was stayed until the appeals were decided. Case-Laws Central Excise Fri, 08 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92545